Innomotics to acquire Siemens Ltd's LV motor business for ₹2,200 crore

Innomotics will complete its ₹2,200 crore acquisition of Siemens Ltd's low-voltage motor business by the end of Q1 FY27, marking the final step in its carve-out from Siemens.

“The deal gives Innomotics end-to-end capability — from small motors that fit into a shoebox to high-voltage motors up to 20 metres in diameter, all from one company, under one roof.”manufacturing.economictimes.indiatimes.com

• 1 source
• manufacturing.economictimes.indiatimes.comInnomotics to close ₹2,200 crore Siemens LV motor business acquisition by Q1 FY27, ETManufacturingNisha ShuklaApr 23, 2026

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