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ACE and Kato Works form joint venture for crane manufacturing in India · Endata

◂ Announcements

Industrial Machineryworld trade 2024+4.5% 5Y CAGR

Mar 25, 2026ACQUISITIONHaryana, India

ACE and Kato Works form joint venture for crane manufacturing in India

Action Construction Equipment (ACE) and Kato Works of Japan formed a 50:50 joint venture, ACE KATO, with a total investment of approximately Rs 200 crore (about $24 million USD). A manufacturing facility will be established in Haryana, India, focusing on high-capacity cranes, with operations expected to commence in 2026.

Value

$24.0M (2.00B INR)

Status

Announced

Productstruck cranescrawler cranesrough terrain cranes

CompaniesKato Works partner Action Construction Equipment partner

Sectors#Industrial Machinery

“Our partnership with Kato Works marks an important milestone in bringing globally benchmarked crane technology to India while strengthening domestic manufacturing capabilities.”firstconstructioncouncil.com

1 source
firstconstructioncouncil.comFCCMar 25, 2026

Summarized from public sources; check the original articles before acting on it.

More from Kato Works

Jul 3, 2026NEW FACILITYHaryana, India$24.0M
ACE and Kato Works launch ₹200 crore JV for crane plant in Haryana
ACE KATO Private Limited Kato Works partner cmv360.com
Jul 2, 2026PARTNERSHIPHaryana, India$24.0M
ACE India and KATO Japan form ACE KATO joint venture for crane manufacturing
ACE KATO Private Limited Kato Works partner themanufacturingworld.com
Apr 30, 2026ACQUISITIONIndia
ACE transfers heavy cranes business to 50:50 JV with KATO Works
Action Construction Equipment Kato Works partner whalesbook.com
Mar 24, 2026PARTNERSHIPIndia
ACE and Kato Works form joint venture to manufacture high-capacity cranes in India
Kato Works partner Action Construction Equipment partner maximinfra.in
Mar 24, 2026PARTNERSHIPHaryana, India, India$24.0M
ACE and Kato Works form ₹200 crore JV to manufacture cranes in India
Kato Works partner Action Construction Equipment partner autocarpro.in
Mar 13, 2026PARTNERSHIPIndia, India
ACE and KATO Works form joint venture to manufacture heavy cranes in India
Kato Works partner Action Construction Equipment partner capitalmarket.com

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