Haier Smart Home Co., a Chinese household appliance manufacturer, is reportedly attracting interest from major investors for its operations in India.
Prospective investors, including Temasek Holdings and GIC Pte, are considering a minority stake in Haier Appliances (India) Pvt., according to sources familiar with the discussions.
The Abu Dhabi sovereign wealth fund Mubadala Investment Co. is also mentioned as a potential buyer.
The valuation of Haier's Indian assets is estimated to be between $4 billion and $5 billion, indicating significant interest in the company's operations in the region.