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Atomberg Technologies is transitioning from consumer appliances to component manufacturing, focusing on motors, controllers, and compressors as it prepares for an IPO expected to raise ₹2,000 crore. The company, supported by Temasek and others, aims to localize technologies traditionally imported from China, addressing the demand from appliance makers for domestic suppliers.

Atomberg Innovations is targeting sectors including HVAC, automotive, and industrial automation. The firm reported ₹958.4 crore in operating revenue in FY25, with net losses narrowing by 41%. The shift anticipates significant growth potential as India pushes for greater localization in manufacturing.