Haier Appliances India has applied for government approval to receive a ₹1,000 crore capital infusion from its Singapore-based parent company.
The proposal, filed under Press Note 3 guidelines, comes at a time when the firm is evaluating further growth opportunities in India, including the possibility of establishing a third manufacturing unit in the southern region.
The move aligns with the company’s recent rise in the domestic consumer electronics market.
Haier India has submitted an application to the Department for Promotion of Industry and Internal Trade (DPIIT) seeking clearance for additional investment from its overseas parent.
As the parent entity is based in a country that shares a land border with India, the approval falls under Press Note 3 guidelines, which govern foreign direct investment in such cases.
The company has not disclosed the intended use of funds, though industry sources suggest the capital may support expansion activities.
According to industry executives, the company is considering a new production facility in South India to complement its existing plants in Greater Noida and Pune.
A third plant would support Haier’s effort to widen its manufacturing footprint and increase local production capacity.
The company is also reportedly in detailed discussions with Bharti Group for a potential sale of a 49% stake in Haier India.
Under the proposed structure, the parent firm would retain 49%, and employees would hold the remaining 2%. The deal is believed to be awaiting regulatory approvals from authorities in both India and China.
Recent financial filings indicate that Haier India overtook Whirlpool India in sales for FY25, making it the third-largest consumer electronics company in the country, behind LG and Samsung.
Haier recorded revenue of ₹8,234 crore in FY25, reflecting year-on-year growth of around 30%, while profit increased significantly to ₹480 crore.
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Haier India’s request for a capital infusion and its consideration of new manufacturing capacity reflect the company’s broader expansion plans in the domestic market. The outcome of regulatory approvals and strategic negotiations will set the direction for the company’s next phase of growth.
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Published on: Nov 28, 2025, 3:19 PM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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