海尔印度出售49%股权，棋高一招

Core Viewpoint - Haier Smart Home's sale of 49% stake in its Indian subsidiary to Warburg Pincus and Bharti Group is a strategic move that allows the company to recover historical investments, integrate local resources, and mitigate geopolitical risks [2][3]. Group 1: Financial Recovery - The sale enables Haier to effectively recover historical funds, as Haier India has achieved a compound annual growth rate of 25% over the past seven years, positioning it among the industry leaders [2]. - The transaction allows Haier to realize some profits and improve cash flow and financial statements [2]. Group 2: Local Resource Integration - Collaborating with Warburg Pincus and Bharti Group will help Haier leverage local networks and resources, which is essential for deep localization in the Indian market [3]. - The Indian home appliance market is projected to grow from $77.74 billion in 2024 to $135.33 billion by 2034, with a compound annual growth rate of 5.70%, making it one of the fastest-growing markets globally [3]. Group 3: Geopolitical Risk Mitigation - By introducing local capital, Haier can share risks related to policies, laws, and taxes, effectively providing a layer of "insurance" for its assets [3]. - This strategic move is seen as a progression rather than a retreat, allowing Haier to navigate the complexities of the current international landscape [3].