# Indian defence ministry signs Rs 697 crore contracts with ACE and JCB India for 1,868 rough terrain forklifts

The Indian Ministry of Defence signed contracts worth Rs 697.35 crore with ACE Limited and JCB India Limited for the procurement of 1,868 Rough Terrain Fork Lift Trucks for the Indian Army, Air Force, and Navy.

- Type: Contract
- Announced: 2025-02-20
- Where: India
- Value: $84.0M (6.97B INR)
- Status: announced
- Products: Rough Terrain Fork Lift Truck
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [JCB India](https://endata.com/companies/23469.md) (supplier)
- [ACE srl](https://endata.com/companies/48055.md) (supplier)
- [Ministry of Defence of India](https://endata.com/companies/83073.md) (customer)

## Sources

- [economictimes.indiatimes.com](https://economictimes.indiatimes.com/news/defence/defence-ministry-signs-rs-697-cr-contracts-with-ace-jcb-india-for-1868-rough-terrain-fork-lift-trucks/articleshow/118417206.cms), 2025-02-20: "The defence ministry has signed contracts with ACE Limited and JCB India Limited for the procurement of 1,868 Rough Terrain Fork Lift Truck (RTFLT) for the Indian armed forces."
- [cnbctv18.com](https://www.cnbctv18.com/market/defence-ministry-inks-rs-697-crore-contracts-with-ace-jcb-india-for-military-equipment-19562206.htm), 2025-02-20: "The Ministry of Defence (MoD) has signed contracts worth ₹697.35 crore with Action Construction Equipment Ltd (ACE) and JCB India Ltd for the procurement of 1,868 Rough Terrain Fork Lift Trucks (RTFLTs)."

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