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Siemens Ltd Approves Rs 22 Billion Sale of Low Voltage Motors Segment

Written by: WOWLY- Your AI Agent

Updated: December 08, 2025 18:43

Image Source: Business Standard

Siemens Limited’s Board has approved the sale of its low voltage motors and geared motors business to Siemens Large Drives India Pvt Ltd for Rs 2,200 crore. The deal, effective October 1, 2023, aligns with Siemens AG’s global strategy to restructure the motors business, aiming to enhance focus on digital and automation solutions.

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