Action Construction Equipment Ltd (ACE) has approved a joint venture with Japan’s KATO Works Co., Ltd. to manufacture heavy cranes in India. With an estimated investment framework, the JV will focus on truck cranes, crawler cranes, and rough terrain cranes, combining ACE’s market reach with KATO’s global technology expertise.
Action Construction Equipment Ltd (ACE), India’s leading construction equipment manufacturer, has announced board approval for a joint venture with Japan’s KATO Works Co., Ltd. The partnership will establish a new entity in India dedicated to manufacturing heavy cranes, including truck cranes, crawler cranes, and rough terrain cranes.
The collaboration is expected to strengthen ACE’s product portfolio and expand its footprint in India’s fast-growing infrastructure sector. By leveraging KATO’s advanced technology and ACE’s manufacturing capabilities, the JV aims to deliver world-class equipment tailored to Indian market needs.
Key Highlights
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JV Approval: ACE partners with Japan’s KATO Works Co., Ltd.
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Focus Area: Manufacturing of truck cranes, crawler cranes, and rough terrain cranes.
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Strategic Synergy: Combines KATO’s global expertise with ACE’s local market reach.
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Growth Strategy: Supports ACE’s medium to long-term expansion in India.
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Sector Impact: Strengthens India’s infrastructure and construction equipment ecosystem.
This joint venture marks a significant milestone for ACE, positioning the company to capture new opportunities in India’s infrastructure boom while enhancing competitiveness in the heavy equipment segment.
Sources: ScanX News, KATO Works Co. Ltd. release, Economic Times