Overhead crane moving crated industrial motors between Siemens Ltd and Innomotics India facilities.
Siemens Ltd has announced the successful divestment of its Low Voltage Motors and Geared Motors business, along with associated customer service operations, to Innomotics India Private Limited. The transaction, valued at Rs 2,200 crore, was finalized on January 1, 2026.
This strategic move by Siemens Ltd, a prominent technology company, signifies a significant shift in its business portfolio. The sale encompasses the core operations related to low voltage and geared motors, marking a key development in the company’s ongoing business realignment.
The deal with Innomotics India Private Limited underscores the dynamic nature of the industrial machinery and capital goods sectors. Further details regarding the strategic implications for both Siemens Ltd and Innomotics India are anticipated as the integration process unfolds.
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