Bharti Enterprises and Warburg Pincus Announce Strategic Investment in Haier IndiaDec 24, 2025

Partnership Set to Fuel Haier India's Next Phase of Growth

New Delhi, December 24, 2025 - Bharti Enterprises ("Bharti"), one of India's most prominent and diversified business conglomerates, and Warburg Pincus, the pioneer of global growth investing, today announced a strategic investment in Haier India, a subsidiary of the Haier Group.

Following the completion of the transaction, Bharti and Warburg Pincus will collectively own a 49% stake in Haier India. Haier Group will retain a 49% ownership stake in Haier India, with the remaining stake to be held by Haier India's management team.

This strategic collaboration will accelerate Haier's growth and expansion in India by bringing together and leveraging the company's global excellence in innovation, Bharti's esteemed standing and resultant networks, and Warburg Pincus' strong track record of scaling brands into industry leaders.

The partnership will bolster Haier India's 'Made in India, Made for India' vision by deepening local sourcing, expanding manufacturing capacity, driving product innovation, and accelerating market penetration. The new capital infusion will also enhance Haier India's competitiveness across the entire value chain.

The consumer appliance market in India is witnessing strong growth, driven by rising disposable incomes, changing lifestyles, and increasing penetration of consumer appliances. Haier India is currently among the top three consumer durables companies in the country, with a strong product portfolio spanning categories such as air conditioners, refrigerators, televisions, washing machines, and kitchen appliances. Over the past seven years, the company has achieved a CAGR of approximately 25% in India-one of the highest in the industry-supported by robust performance across product segments and geographies. By combining global innovation with local insights and execution, the partnership will strengthen Haier India's leadership position in the rapidly growing Indian consumer durables segment.

Bharti expressed that it is pleased to collaborate once again with Warburg Pincus and to partner with Haier to support the next chapter of Haier India's growth journey. The company looks forward to playing a significant role in the evolving consumer durables industry and leveraging the collective strengths of all parties to meet the needs of Indian consumers. Bharti is confident that Haier India will further consolidate its standing as a leading brand in India, powered by global innovations, enhanced customer services, and best in-class experience.

Warburg Pincus noted that it is excited to join hands once again with Bharti and to partner with Haier in India as it expands its footprint in the fast-growing consumer durables market. This investment reflects Warburg Pincus's ability to leverage its pan-Asia franchise, deep local insights, global expertise, and its expansive network to support and accelerate growth for leading companies across the region.

Haier highlighted that the collaboration with Bharti Enterprises and Warburg Pincus marks an important milestone in Haier India's development journey. The strategic partnership fully embodies Haier's approach of "serving globalization with global capabilities and advancing globalization through localization." It brings together the complementary strengths of Bharti, a trusted name and leading business conglomerate in India, and Warburg Pincus, whose strong franchises across China and India have helped scale many leading consumer and technology companies. Their combined experience, deep local insights, and global reach will significantly accelerate Haier India's localized innovation and development.

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About Bharti Enterprises

Bharti Enterprises is one of India's leading business conglomerates with interests in telecommunications, digital infrastructure, space communications, financial services, real estate, data centres, hospitality and food processing. Bharti Airtel, its flagship company, is a leading global communications solutions provider with over 600 million customers in 15 countries across India and Africa, with additional presence in Bangladesh and Sri Lanka through its associate entities. Globally, Airtel ranks among the top three mobile operators with its networks covering over two billion people and is the second largest mobile operator in Africa, providing telecommunications and mobile money services across 14 countries. Airtel Payments Bank, Bharti Enterprise's banking arm, is among the fastest-growing digital banks in the country, contributing to the Government's vision of Digital India and advancing financial inclusion. Bharti Real Estate has developed marquee commercial assets like Worldmark at Aerocity, New Delhi and Gurugram and is developing country's finest Global Business District in Aerocity, New Delhi. Bharti is one of the single largest shareholders in Eutelsat, the world's first combined GEO-LEO satellite operator, and the second-largest shareholder of Sundrop Brands, a listed FMCG entity formed following the combination of Sundrop Brands Limited and Del Monte Foods, India. Through its international arm, Bharti Global, the enterprise also holds a significant stake in BT Group Plc, the UK's leading fixed and mobile communications provider.

About Warburg Pincus

Warburg Pincus LLC is the pioneer of global growth investing. A private partnership since 1966, the firm has the flexibility and experience to focus on helping investors and management teams achieve enduring success across market cycles. Today, the firm has more than $85 billion in assets under management, and more than 215 companies in their active portfolio, diversified across stages, sectors, and geographies. Warburg Pincus has invested in more than 1,000 companies across its private equity, real estate, and capital solutions strategies.

The firm is headquartered in New York with more than 15 offices globally. For more information, please visit www.warburgpincus.com or follow us on LinkedIn.

About Haier Group

Founded in 1984, Haier Group is a leading global provider of better life and digital transformation solutions, with the purpose of "More Creation, More Possibilities". Haier has always been user-centered and has built a landscape of three pillars: Smart Living, Comprehensive Health Industry, and Digital Economy Industry. The company has established 10 R&D centers, 35 industrial parks, and 163 manufacturing centers, achieving a global revenue of USD 55.9 billion in 2024. Haier has been ranked in the Kantar BrandZ Top 100 Most Valuable Global Brands for 7 consecutive years. Additionally, Haier has held the No.1 position in Euromonitor Global Major Appliances Brand for 16 consecutive years. Haier has 8 listed companies, with its subsidiary Haier Smart Home named among the Fortune Global 500 and Fortune World's Most Admired Companies.

About Haier India

Established in 2003, Haier India is one of the leading brands in home appliances & consumer electronics in the country. Haier India is committed to bringing the best-in-segment products for customers, in line with its 'Make in India' and 'Make for India' philosophy. With almost two decades of expertise in product innovation, Haier has a vast distribution network across the country along with two state-of-the-art manufacturing facilities in Pune and Greater Noida. Backed by superior technology and customer centricity, the product portfolio ranges from refrigerators, air conditioners, washing machines, LED TVs, water heaters, deep freezers, and microwave ovens to kitchen appliances, with a special focus on Indian consumer demands.

Media Contacts

Bharti Enterprises

Mehak Kapur

DGM, Corporate Communication, Bharti Enterprises

[email protected]

Warburg Pincus

Lisa Liang

Senior Vice President, Asia Head of Marketing and Communications, Warburg Pincus

[email protected]

Haier Group

Melody Xian

Public Relations Director of Haier Smart Home

[email protected]

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