Bharti Enterprises-Warburg to plug into Haier’s India arm

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Bharti Enterprises and Warburg Pincus are acquiring a significant stake in Haier India. This partnership aims to boost Haier's competitiveness and expand its market presence. The deal signifies a strategic move to challenge established players like LG and Samsung in the Indian consumer electronics market. This collaboration will leverage global expertise and local networks for accelerated growth.