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Japanese crane maker Kato and India's Action Construction Equipment (ACE) formed a 50:50 joint venture, ACE Kato Pvt. Ltd, to manufacture truck, crawler and rough terrain cranes at a new site in Haryana, India, with a planned investment of ₹200 crore (US$21 million).
“ACE Kato Pvt. Ltd. marks a defining milestone in ACE’s growth journey and reinforces our long-term commitment to strengthening India’s construction equipment manufacturing ecosystem.”cranebriefing.com
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