Innomotics India Pvt. Ltd., a subsidiary of Nuremberg-based Innomotics GmbH, has signed a definitive agreement with Siemens Limited to acquire its Low Voltage motors and geared motors business in India. The transaction marks a strategic step in aligning Innomotics India’s operations with the global portfolio and capabilities of its parent company.

The acquisition, expected to be completed in the coming months, will enable Innomotics India to offer a comprehensive end-to-end portfolio of motors and drives in line with Innomotics GmbH’s global offerings. Operating across 49 countries, Innomotics GmbH is recognised for its leadership in electric motors and large drive systems, with a strong focus on energy efficiency, sustainability, energy transition and digital transformation.

For Innomotics India, the deal represents a major milestone in strengthening its position in the electric motors market. The addition of low voltage and geared motors to its existing range of high voltage motors and large drives will allow the company to serve high-demand sectors such as metals, mining, water and wastewater, chemicals, and oil and gas more effectively. This expanded portfolio is expected to enhance Innomotics’ competitiveness by enabling more customised and integrated solutions for customers.

Commenting on the development, Satish Godbole, Executive Director of Innomotics India, said the acquisition brings the Indian business fully in line with Innomotics’ operations worldwide. He noted that the inclusion of low voltage and geared motors will unlock synergies across business lines, strengthen the company’s value proposition and significantly boost brand visibility across India, particularly in a fast-growing and dynamic segment.

With the planned acquisition, Innomotics India is positioned to expand its market reach, deepen customer engagement and reinforce its role as a key player in India’s electric motors and drives ecosystem.