+
Innomotics India To Acquire Siemens’ LV Motors Business
POWER & RENEWABLE ENERGY

Innomotics India To Acquire Siemens’ LV Motors Business

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.

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.

Next Story
Real Estate

Reliance MET City Launches Metropolis Project In Haryana

Reliance MET City (RMC) has launched Metropolis, an integrated mixed-use project in Haryana that is expected to redefine the regional urban landscape. RMC said the development will combine residential, commercial and leisure components to meet rising demand for organised urban spaces. The project has been positioned to benefit from existing and planned transport links and municipal infrastructure, and aligns with regional plans for sustainable urbanisation. Company representatives framed the initiative as part of a broader expansion strategy in northern India. The Metropolis project will inco..

Next Story
Infrastructure Energy

Radiance Renewables Raises 100 Million Dollars for Expansion

Eversource-backed Radiance Renewables has secured 100 million dollars (100 mn dollars) in funding from Impact Fund Denmark and FMO to support its expansion. The investment will bolster the company's capital base and enable acceleration of project development and deployment. Radiance Renewables is positioning itself to scale its renewable energy portfolio and strengthen operational capabilities. The funding round reflects growing investor appetite for climate-focused infrastructure. Impact Fund Denmark and FMO are established impact investors that channel capital into sustainable energy projec..

Next Story
Infrastructure Energy

Temasek-led Consortium in Talks for Rs 15 bn Pre-IPO Round

A Temasek-led consortium is in advanced talks to invest Rs 15 billion (Rs 15 bn) in Clean Max Enviro Energy in a pre-initial public offering funding round, according to people familiar with the matter. The prospective financing is intended to provide capital for operational expansion and to strengthen the company's balance sheet ahead of a planned public listing. The discussions reflect continued investor appetite for renewable energy platforms in the region. Clean Max Enviro Energy is a renewable energy developer that provides sustainable power solutions to commercial and industrial customer..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Open In App