CCI Approves Acquisition of Siemens Low Voltage Motor Business by Innomotics India

The Competition Commission of India has approved the proposed acquisition of the low voltage motor business of Siemens Limited by Innomotics India Private Limited. The announcement was made on February 12, 2026. 

Details of the Approved Transaction 

The approved combination relates to the slump sale of Siemens Limited’s low voltage motor business to Innomotics India Private Limited.  

The target business manufactures and sells low voltage motors for industrial applications in India and also exports these products through an outsourced manufacturing model. 

The Commission stated that a detailed order will follow. 

About the Acquirer 

Innomotics India Private Limited is engaged in the manufacturing and supply of industrial motors, including high and medium voltage motors, and large drive systems in the medium voltage segment. Its products cater to sectors such as oil and gas, metals, cement, power and marine. 

The company is part of KPS Capital Partners, LP, an investment firm with interests across industrial businesses. 

About the Target Business 

The low voltage motor business currently forms part of Siemens Limited. It focuses on supplying motors for various industrial applications within India and international markets. The business operates using an outsourced manufacturing framework. 

Read More: Siemens Share Price Falls Over 3% After Announcing Earnings Results for Quater Ended Dec 31, 2025! 

Conclusion 

The approval from the Competition Commission of India allows the slump sale transaction between Siemens Limited and Innomotics India Private Limited to proceed. Further details are expected in the Commission’s detailed order. 

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