# 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.

- Type: Acquisition
- Announced: 2026-03-25
- Where: Haryana, 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

- [firstconstructioncouncil.com](https://firstconstructioncouncil.com/article/914811), 2026-03-25: "Our partnership with Kato Works marks an important milestone in bringing globally benchmarked crane technology to India while strengthening domestic manufacturing capabilities."

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