Haier India

Haier aims to become 2nd largest appliance maker in India: NS Satish

The company expects the AC, TV, and washing machine categories to grow ahead of the refrigerator segment

Haier C11 OLED TV with Dolby Vision IQ launched in India: Know price, specs

The Haier C11 OLED TV is offered in 55-inch and 65-inch display options at Rs 1,69,999 onwards

Haier offices raided by income tax authorities at multiple locations

The raids, conducted on Friday, are in connection to suspected tax evasion case

Haier aims for 33% growth in turnover this year, investing Rs 1,500 cr

Consumer durables firm Haier India aims for a 33 per cent growth in turnover to Rs 8,000 crore in 2023, helped by the expansion of its product portfolio and sales network and premiumisation, said its President Satish NS. Haier India is investing Rs 1,500 crore in the second phase of expansion at its Greater Noida facility, mostly on the backward integration and is expected to complete by 2025, which will in turn help it increase the localisation of the components. This investment is part of Haier India's earlier commitment to invest around Rs 3,100 crore. At the Greater Noida facility, Haier India manufactures refrigerators and washing machines, and in the next phase, it would have an injection moulding facility and a PCB plant. It is also mulling a compressor plant in JV for its cooling products business here. "From here we cater to domestic and export to neighbouring markets such as Sri Lanka, Nepal and Bangladesh. Going forward, the idea is to build it a hub for the domestic marke

Buying a fridge? Pick one snazzy on looks that keeps your food fresh longer

Refrigerators today come in a wide range of finishes, sizes and tech features. See what works best for your family, kitchen space and budget

Satish N S to lead Haier India in 2022, as Eric Braganza set to retire

Consumer durable maker Haier Appliances India on Thursday said Satish N S will take over as President of the company, as incumbent Eric Braganza is going to retire on January 1, 2022. Braganza, who served Haier for almost 12 years, will continue to serve as a consultant with the brand, a company statement said. "As of January 1, 2022, Satish N S, Senior Vice President, Sales & Marketing, Haier Appliances India, will be taking over as President of the company. Eric Braganza will continue to mentor the team as a consultant," the company said. Besides, Braganza (65) would also continue his role as President of Consumer Electronics and Appliances Manufacturers Association (CEAMA), it added. "Under Eric Braganza's leadership, Haier India continued to record phenomenal year-on-year growth over the last few years to become one of the most prominent brands in the home appliances and consumer electronics industry," the company said. Braganza, a veteran in the consumer durables industry, ..

Amid Coronavirus scare, phone, electronics cos say production to be hit

Haier India President Eric Briganza said there is bound to be an impact on production

Chinese electronics brand Haier looks for glamour away from the spotlight

With three women sportspersons as endorsers, the Chinese consumer electronics brand is tapping into the appeal of underdog branding

Haier Appliances to set up Rs 30.69 bn industrial park in Greater Noida

The Greater Noida unit, spread over 123 acres, will be among the largest appliance plants in the country

Haier signs MoU with UP to set up Rs 30 bn plant at Greater Noida

The company would invest the entire amount over the next four years in two phases and the production would start by mid of 2020 from this proposed unit

As input costs rise, Haier ACs and fridges to become pricier

Refrigerator price will go up by 5-6 per cent while air conditioner price is set to get dearer by up to 12 per cent

Haier India takes multi-brand route in consumer electronics

The Chinese player has adopted a plan to build its footprint rapidly with lower capital investment

Haier India invests Rs 490 crore in Pune plant

The company is aiming to treble revenue to Rs 6,500 crore by 2020