Action Construction Equipment Limited (ACE)—the world’s largest Pick-n-Carry crane manufacturer and India’s leading material handling and construction equipment company—has entered into a strategic Memorandum of Understanding (MOU) with Sanghvi Movers Limited, Asia’s largest and the world’s fifth-largest crane rental company.
This partnership aims to significantly accelerate the deployment of indigenously manufactured Heavy Slew Cranes, including Truck Cranes and Crawler Cranes, across major infrastructure and industrial projects nationwide.
The collaboration marks a major step forward in supporting the Government of India’s Aatmanirbhar Bharat vision under the Make in India initiative. Through this MOU, both companies will work together to drive medium-term cooperation, encourage broader market adoption of Indian-made heavy lifting solutions, reduce reliance on imported cranes, and strengthen India’s self-reliance in this critical sector.
As part of the agreement, Sanghvi Movers will progressively expand its fleet with ACE-manufactured heavy cranes, helping advance domestic manufacturing while enabling faster, more cost-effective, and reliable execution of large-scale projects across the country. Simultaneously, ACE will prioritize robust product support, customization, and advanced technical solutions tailored to the evolving needs of India’s rapidly expanding infrastructure landscape.
The partnership is expected to drive substantial import substitution, develop local supply chains, and contribute to employment generation, skill development, and technology advancement within the country. With infrastructure development accelerating nationwide, the joint initiative will support India’s long-term objective of becoming a global hub for high-capacity lifting solutions.
Speaking on the occasion, Mr. Sorab Agarwal, Executive Director, ACE, said: “India’s heavy slew cranes market has historically relied on imports. Through this partnership, we are deepening the Make in India initiative by offering world-class indigenous alternatives that deliver performance, safety, and lifecycle value. This MOU reflects our commitment to building national capability and contributing to true industrial self-reliance.”
Mr. Rishi C. Sanghvi, Managing Director, Sanghvi Movers, added: “Our collaboration with ACE is a strategic enabler for sustainable growth. By expanding our fleet with domestically manufactured cranes, we not only reduce import dependency but also ensure superior serviceability, quicker turnaround time, and greater value creation within India’s economy.”
