ACE and Kato Works form ₹200 crore JV to manufacture cranes in India

Action Construction Equipment Limited and Japan's Kato Works Co., Ltd. announced a 50:50 joint venture, ACE KATO Pvt. Ltd., with a combined investment of approximately ₹200 crore. The venture will set up a manufacturing facility in Haryana to produce truck, crawler and rough terrain cranes, with operations expected to begin in 2026.

“India is witnessing an unprecedented phase of infrastructure and industrial growth, which is significantly increasing the demand for advanced construction equipment.”autocarpro.in

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• autocarpro.inACE and Japan's Kato Works Form ₹200 Crore Joint Venture to Make Cranes in India | Autocar ProfessionalAngitha SureshMar 24, 2026

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