Haier Smart Home Is World's Leading Home Appliance Brand- Fortune Global Ranking Report

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Haier Smart Home Is World's Leading Home Appliance Brand- Fortune Global Ranking Report
07 Mar 2023
5 min read

News Synopsis

Haier Smart Home, the world's top home appliance brand, a builder of the smart home ecosystem, and a subsidiary of Haier Group, has re-entered the list and is ranked first for companies in the home equipment & furnishings sector in Fortune's 25th edition of the World's Most Admired Companies.

3,760 executives, directors, and analysts who participated in the industry surveys selected the 645 global companies with the highest revenue across 27 countries as the Fortune Global Most Admired Companies. The evaluation criteria took into account innovation, human resource management, the utilisation of corporate assets, social responsibility, managerial quality, financial soundness, long-term investment value, product/service quality, and global competitiveness.

President of Haier Appliances India, Satish NS, commented on the achievement: "It is a moment of great pride for us to re-enter Fortune Magazine's list of the World's Most Admired Companies. This recognition is an outcome of our continuous commitment towards our brand philosophy of 'Inspired Living' and the partnership we have built with consumers, communities, and all other stakeholders. This will further boost our endeavour in offering customer-inspired innovation making everyday life more comfortable, convenient, secure, and safe."

This is another international recognition for Haier Smart Home, which was recently named the world's leading brand of major appliances for the fourteenth year running in the 2022 annual report published by Euromonitor International, the leading research company worldwide. The Bureau of Energy Efficiency (BEE) - Ministry of Power, Government of India has also awarded Haier with "The Most Energy Efficient Appliance" award at the National Energy Conservation Awards (NECA) - 2022 for adopting sustainable and environment-friendly methods of manufacturing and delivering to ensure minimal impact on our surroundings and planet.

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