Haier Group, founded in 1984 and headquartered in China, is a publicly owned global provider of IoT solutions. The company has a workforce of approximately 16,390 employees and offers a wide range of consumer electronics products. Haier Group's mission is to provide innovative IoT solutions that improve people's lives by connecting devices and services in the areas of clothing, food, housing, transportation, health, medicine, and education.
Appliances, Electrical, and Electronics Manufacturing
Ownership
Publicly Owned
News Summary:
On March 9, 2025, Haier announced plans to invest over Rs 1000 crore between 2024 and 2028 in new AC production and injection molding units in India. Multiple reports on the same day indicated that Haier Appliances India aims to achieve USD 2 billion in sales within the next three to four years. This growth projection is based on anticipated high double-digit growth driven by expansion in product categories and sales channels.