Sunil Mittal, founder of Bharti Airtel, is in advanced talks to acquire a 49% stake in Haier Smart Home's Indian unit, Haier India. The proposed deal is valued at approximately $2 billion. This move marks a significant diversification for Mittal, who is primarily known for his telecommunications business. The acquisition aligns with Mittal's broader interest in expanding into consumer appliances and smart home technologies. Meanwhile, Chinese companies Midea and Hisense are also collaborating on artificial intelligence, global expansion, and smart logistics initiatives, indicating increased activity among Chinese home appliance firms in the global market.