Mukesh Ambani's Reliance Industries takes on Sunil Mittal's Bharti Group again: This time for India operations of Chinese electronics giant

Reliance Industries is reportedly vying for a stake in Haier India, potentially competing with a consortium led by Sunil Mittal. Haier, seeking a strategic partner, may dilute 25-51% equity, targeting a valuation of $2-2.3 billion. This move comes amid U.S. tariff pressures and India's cautious approach to Chinese investments.

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