home appliances News

Billionaire Sunil Mittal Eyes $2 Billion Haier India Stake Amid Surging Appliance Demand

Sunil Mittal, in partnership with Warburg Pincus, is negotiating a $2 billion stake in Haier India, targeting the growing appliance market. The deal reflects Haier's significant gr...

LG Electronics Launches Rs 5,000-Crore Mega Plant in Andhra Pradesh, Marking a New Era in Indian Manufacturing

LG Electronics starts construction on a Rs 5,000-crore manufacturing plant in Andhra Pradesh, aiming to boost its presence in India's fast-growing consumer market with high-end pro...

China Launches $11 Billion Consumer Trade-In Initiative to Boost Economic Growth in 2025

China introduces an $11 billion consumer trade-in scheme in 2025 to boost economic growth, focusing on home appliances and electronics. The initiative aims to revive household spen...