Siemens Board Approves Sale of Low Voltage Motors Business to Innomotics India for ₹2,200 Crore

Siemens Limited has announced a major portfolio reshaping move with its Board approving the sale of its Low Voltage Motors and Geared Motors operations to Innomotics India Private Limited.  

The transaction, valued at ₹2,200 crore, marks a significant shift for the company as it exits a business segment that contributes modestly to its overall revenues. 

Transaction Overview 

The sale covers the entire Low Voltage Motors and Geared Motors businesses, along with associated customer service operations. The deal will be executed on a cash-free, debt-free basis, with closing expected by June 2026.  

Siemens set the enterprise value after negotiations supported by independent valuation assessments conducted by Grant Thornton Bharat LLP and KPMG Valuation Services LLP as of September 30, 2025. 

For the 12 months ending the same date, the Low Voltage Motors business delivered ₹967 crore in revenue and ₹35 crore in operating profit, representing 6% of Siemens’ operational revenue and 2% of its operating profit (excluding the demerged Energy business). 

Strategic Background 

The decision follows Siemens AG’s earlier move in October 2024, when it sold Innomotics GmbH, including all intellectual property and related capabilities, to KPS Capital Partners.  

With Innomotics positioned as the core global hub for motors and large drives, the sale to its India subsidiary provides continuity for customers, builds on shared capabilities, and ensures operational alignment for the business going forward. 

Read More: Embassy Developments Sells Over 450 Units Worth ₹860 Crore at Launch of Embassy Greenshore! 

Siemens Share Price Performance  

As of December 9, 2025, at 10:05 AM, Siemens Limited share price is trading at ₹3,129.80 per share, reflecting a decline of 2.32% from the previous closing price. Over the past month, the stock has gained by 2.47%. 

Conclusion 

Siemens plan to transfer its Low Voltage Motors and Geared Motors business reflects a strategic shift toward higher-priority areas. Set to conclude in 2026, the move places the business within a group firmly rooted in the motors and drives ecosystem, supporting its future growth under Innomotics India. 

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