ACE India, KATO Japan join hands for global market in cranes sector
Action Construction Equipment (ACE) Limited, India’s leading construction equipment manufacturer and the world’s largest pick-and-carry crane manufacturer, and KATO Works Co., Ltd., Japan’s globally recognised manufacturer of mobile cranes and construction machinery, announced ACE KATO Pvt. Ltd., their 50:50 joint venture company that will manufacture high-capacity cranes in India for domestic and global markets.
ACE KATO Pvt. Ltd has been incorporated to establish a dedicated manufacturing platform for truck cranes, crawler cranes and rough terrain cranes, catering to infrastructure, transportation, mining, ports, energy, metro rail, industrial and other heavy-duty applications.
The joint venture has established an 11-acre manufacturing facility in Haryana with a planned investment of approximately Rs 200 crore. The investment will support manufacturing infrastructure, advanced production systems, technology integration and product development, with additional investments to be made in phases to expand capacity and strengthen the company’s manufacturing capabilities.
Under the partnership, KATO will lead product engineering, design and technology, while ACE will be responsible for manufacturing, sourcing and localisation. The product roadmap will initially focus on the development and manufacturing of truck, crawler and rough-terrain cranes, followed by the phased introduction of more crane models.
The products will be manufactured in India for customers across domestic and international markets, reinforcing the vision of ‘Made in India for the World’.
Commenting on the announcement, Sorab Agarwal, Executive Director, ACE Limited, said, “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.”
Commenting on the partnership, Tomoyasu Kato, Director, KATO Works Co., Ltd., said ACE has established itself as one of India’s most respected construction equipment manufacturers with strong manufacturing capabilities, a robust supplier ecosystem and an extensive market presence.
