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Siemens Ltd sells Low Voltage and Geared motors business to Innomotics India for Rs 2,200 cr

Siemens Limited has successfully sold its Low Voltage Motors and Geared Motors business. The deal with Innomotics India Private Limited is valued at Rs 2,200 crore. This transaction includes related customer service operations. Siemens Limited is a prominent technology company. The sale was completed on January 1, 2026. This marks a significant development for the company.

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economictimes.indiatimes.comStai leggendo2 g fa

Siemens Ltd sells Low Voltage and Geared motors business to Innomotics India for Rs 2,200 cr

Siemens Ltd completed the divestiture of its Low Voltage and Geared Motors business to Innomotics India for Rs 2,200 crore (Rs 22 billion), structured as a slump sale on a cash-free, debt-free basis. The deal signals Siemens' continued portfolio pruning toward higher-margin industrial software and automation, reducing exposure to commoditized hardware manufacturing in emerging markets.

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thehindubusinessline.com2 g fa

Siemens sells Low Voltage Motors business to Innomotics India for ₹2,200 cr

Siemens Ltd on Monday said it has completed the sale of its Low Voltage Motors and Geared Motors business to Innomotics India Private Limited for ₹2,200 crore.

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lunedì 1 giugno 2026·thehindubusinessline.com
Siemens sells Low Voltage Motors business to Innomotics India for ₹2,200 cr
Siemens Ltd on Monday said it has completed the sale of its Low Voltage Motors and Geared Motors business to Innomotics India Private Limited for ₹2,200 crore.
lunedì 1 giugno 2026·economictimes.indiatimes.com
Siemens Ltd sells Low Voltage and Geared motors business to Innomotics India for Rs 2,200 cr
Siemens Limited has successfully sold its Low Voltage Motors and Geared Motors business. The deal with Innomotics India Private Limited is valued at Rs 2,200 crore. This…