New Delhi, Dec. 24 -- Bharti Enterprises and the global investment firm Warburg Pincus have announced their investment in Haier India. This new partnership aims to help Haier India grow faster in the coming years. According to a press release, Bharti Enterprises and Warburg Pincus will together own 49 per cent of the company once the deal is finished. The Haier Group will keep another 49 per cent, while the people who manage Haier India will own the small remaining part.

Haier India is currently one of the top three companies in its field in India. For the last seven years, the company has grown by about 25 per cent each year. This is one of the fastest growth rates in the entire industry. The new money and support from this deal will he...