# 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.

- Type: Partnership
- Announced: 2026-03-24
- Where: Haryana, India, India
- Value: $24.0M (2.00B INR)
- Status: announced
- Products: truck cranes, crawler cranes, rough terrain cranes
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Kato Works](https://endata.com/companies/17636.md) (partner)
- [Action Construction Equipment](https://endata.com/companies/62722.md) (partner)

## Sources

- [autocarpro.in](https://www.autocarpro.in/news/ace-and-japans-kato-works-form-%e2%82%b9200-crore-joint-venture-to-make-cranes-in-india-131788), 2026-03-24: "India is witnessing an unprecedented phase of infrastructure and industrial growth, which is significantly increasing the demand for advanced construction equipment."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.