Bharti Enterprises and Warburg Pincus announced on Wednesday, December 24, 2025, their joint decision to acquire a 49% stake in Haier India. This strategic move aims to significantly boost the consumer appliance manufacturer's local manufacturing capacity within the country, according to a recent press release. The transaction details confirm that Bharti and Warburg Pincus will collectively hold this 49% stake, while Haier Group, the parent firm, will retain a 49% ownership. The remaining stake will be held by Haier India's management team.

Through this substantial deal, Bharti Enterprises and Warburg Pincus are poised to deepen Haier India's local sourcing capabilities. Furthermore, they plan to expand the company's manufacturing capacities across the country. These efforts are geared towards fostering product innovation and significantly boosting Haier India's market penetration. Haier India's diverse product portfolio currently spans various categories, including air conditioners, refrigerators, televisions, washing machines, and a range of kitchen appliances.

Over the past seven years, Haier India has demonstrated impressive growth, achieving a Compound Annual Growth Rate (CAGR) of approximately 25% in the Indian market. This robust performance has been fueled by strong sales across its various product segments and geographical regions within the country. The acquisition also highlights a broader diversification plan being pursued by Sunil Mittal, Chairman of Bharti Enterprises.

Reports from March 2025 had previously indicated that other prominent entities like TPG, the Burman family, GIC, the Welsup Group's Goenka family, and Bain-Dalmia were also vying for a share in Haier's Indian operations. An industry insider noted that Sunil Mittal has divested Bharti Airtel stake worth around $4 billion in the last 12 months, utilizing the proceeds for diversification. While a significant portion of these funds was directed towards acquiring a part of the 24.5% stake in BT Group Plc, a telecom services player, a portion will now be allocated to fund the Haier deal. This signals Mittal's strategic entry into the consumer durables space, with observers keen to see its return on investment compared to Bharti Airtel. Bharti Enterprises currently holds stakes in Bharti Airtel Ltd, Indus Towers Ltd, Bharti AXA Life Insurance Co, Bharti Real Estate, and PizzaExpress operator Gourmet Investments Pvt.