ACE and Kato Works launch ₹200 crore JV for crane plant in Haryana

Action Construction Equipment Limited (ACE) and Kato Works Company Limited announced a 50:50 joint venture, ACE KATO Private Limited, to build an 11-acre manufacturing facility in Haryana, India, with an investment of approximately ₹200 crore. The plant will produce truck cranes, crawler cranes and rough terrain cranes.

“ACE and Kato Works launch a ₹200 crore joint venture to manufacture heavy-duty cranes in Haryana, boosting localization, technology transfer, and infrastructure equipment production for Indian and global markets.”cmv360.com

• 1 source
• cmv360.comACE-Kato JV Invests ₹200 Crore for Crane Plant in IndiaRobin Kumar AttriJul 3, 2026

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