Reliance Eyes Majority Stake in Haier India

BUSINESS

By Aniket Chakraborty Apr 30, 2025 Arrow

Haier, ranked third after LG and Samsung in India, seeks to reduce its holding to 51%.

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The move mirrors MG Motors’ India strategy—Indian-led, foreign-supported.

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Mukesh Ambani’s firm faces stiff competition from Mittal, TPG, and other private equity giants.

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Valuation estimates peg Haier India at $2–2.3 billion, with a control premium.

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Reliance entered talks after earlier proposals; Mittal even visited China to negotiate.

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China’s firms are now seeking Indian partnerships amid pressure from US trade policies.

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Citi is helping Haier connect with Indian family offices and investors for the stake sale.

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A Reliance-Haier deal could reshape India’s electronics market and investment structure.

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As tensions rise globally, India becomes a crucial battleground for strategic tech stakes.

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