# 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.

- Type: Acquisition
- Announced: 2026-04-23
- Where: India
- Value: $265.0M (22.0B INR)
- Status: announced
- Products: low-voltage motors
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Siemens](https://endata.com/companies/301.md) (target)
- [Innomotics](https://endata.com/companies/76255.md) (acquirer)

## Sources

- [manufacturing.economictimes.indiatimes.com](https://manufacturing.economictimes.indiatimes.com/news/industry/innomotics-to-close-2200-crore-siemens-lv-motor-business-acquisition-by-q1-fy27/130461666), 2026-04-23: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.