Joint Venture (50:50) company: ‘ACE KATO’ to manufacture truck cranes, crawler cranes and rough terrain cranes
Action Construction Equipment (ACE) Limited, the world’s largest pick-and-carry crane manufacturer and India’s leading material handling and construction equipment company, has entered into a strategic joint venture with Kato Works Company Limited., Japan, a globally recognised material handling and construction equipment company with decades of experience in design, development and manufacturing of mobile cranes, excavators and related construction machinery.
The joint venture ‘ACE KATO Private Limited’ will bring together the global technology, design and engineering expertise of Kato Works Co., Limited. with ACE Limited’s strong manufacturing base, extensive market reach and operational capabilities in India. The collaboration aims to enhance product competitiveness by improving performance and cost efficiency, while enabling both companies to address emerging growth opportunities across domestic and international markets.
The initiative aligns with India’s broader manufacturing ambitions under Make in India, while contributing to the development of a globally competitive construction equipment industry that supports the country’s long-term infrastructure and economic growth.
The joint venture will involve a total investment of approx. Rs 2 billion, with an equal 50:50 partnership. The manufacturing facility will be established in Haryana, with operations expected to commence in 2026.
Under this partnership, the joint venture will focus on the manufacturing of high capacity and heavy cranes, including truck cranes, crawler cranes and rough terrain cranes, serving the Indian market as well as international markets.
Commenting on the development, Mr Sorab Agarwal, Executive Director, ACE Limited, said, “India is witnessing an unprecedented phase of infrastructure and industrial growth, which is significantly increasing the demand for advanced construction equipment. Our partnership with Kato Works marks an important milestone in bringing globally benchmarked crane technology to India while strengthening domestic manufacturing capabilities.”
“ACE has consistently focused on developing world-class equipment in India. Today, our products are exported to more than 42+ countries. Through this collaboration, we aim to further expand our presence in the high-capacity crane segment while positioning India as a strategic manufacturing hub for advanced lifting equipment.”
The collaboration will leverage Kato Works’ proprietary technologies and decades of engineering expertise to enhance product performance, efficiency and reliability. Beyond meeting domestic demand, the joint venture aims to explore export opportunities across Asia, the Middle East, Africa and other international markets.