+
ACE, Sanghvi Movers Ink MOU to Boost India-Made Heavy Crane Adoption
Equipment

ACE, Sanghvi Movers Ink MOU to Boost India-Made Heavy Crane Adoption

Action Construction Equipment (ACE), the world’s largest pick-and-carry crane manufacturer and a leading Indian construction equipment maker, has entered into a strategic Memorandum of Understanding with Sanghvi Movers, Asia’s largest and the world’s fifth-largest crane rental company. The partnership aims to accelerate the deployment of indigenously manufactured heavy slew cranes, particularly truck cranes and crawler cranes, across large-scale infrastructure and industrial projects in India.

The alliance aligns strongly with the Government of India’s “Aatmanirbhar Bharat” and “Make in India” initiatives by promoting wider market adoption of domestically built heavy lifting equipment. Through the MOU, both companies intend to increase the use of Indian-made cranes, reduce reliance on imported units, and strengthen national capabilities in the high-capacity lifting segment.

As part of the agreement, Sanghvi Movers will gradually expand its crane fleet with ACE’s heavy slew cranes, enabling more efficient, cost-effective and timely project execution nationwide. ACE, in turn, will offer enhanced product support, customization options and technical solutions tailored to the needs of India’s fast-growing infrastructure sector.

The collaboration is expected to contribute to meaningful import substitution, boost local supply-chain development, and support employment generation and skill advancement. With infrastructure activity rising across segments such as renewable energy, logistics, industrial manufacturing and core civil works, the partnership positions both companies to cater to increasing demand for reliable, high-performance lifting solutions.

Commenting on the MOU, Sorab Agarwal, Executive Director, ACE, said the partnership reinforces the company’s commitment to strengthening India’s self-reliance by offering “world-class indigenous alternatives that deliver performance, safety, and lifecycle value.”

Rishi C. Sanghvi, Managing Director, Sanghvi Movers, said the collaboration would help the company expand its fleet with locally manufactured cranes, ensuring “superior serviceability, quicker turnaround time, and greater value creation within India’s economy.”

Action Construction Equipment (ACE), the world’s largest pick-and-carry crane manufacturer and a leading Indian construction equipment maker, has entered into a strategic Memorandum of Understanding with Sanghvi Movers, Asia’s largest and the world’s fifth-largest crane rental company. The partnership aims to accelerate the deployment of indigenously manufactured heavy slew cranes, particularly truck cranes and crawler cranes, across large-scale infrastructure and industrial projects in India.The alliance aligns strongly with the Government of India’s “Aatmanirbhar Bharat” and “Make in India” initiatives by promoting wider market adoption of domestically built heavy lifting equipment. Through the MOU, both companies intend to increase the use of Indian-made cranes, reduce reliance on imported units, and strengthen national capabilities in the high-capacity lifting segment.As part of the agreement, Sanghvi Movers will gradually expand its crane fleet with ACE’s heavy slew cranes, enabling more efficient, cost-effective and timely project execution nationwide. ACE, in turn, will offer enhanced product support, customization options and technical solutions tailored to the needs of India’s fast-growing infrastructure sector.The collaboration is expected to contribute to meaningful import substitution, boost local supply-chain development, and support employment generation and skill advancement. With infrastructure activity rising across segments such as renewable energy, logistics, industrial manufacturing and core civil works, the partnership positions both companies to cater to increasing demand for reliable, high-performance lifting solutions.Commenting on the MOU, Sorab Agarwal, Executive Director, ACE, said the partnership reinforces the company’s commitment to strengthening India’s self-reliance by offering “world-class indigenous alternatives that deliver performance, safety, and lifecycle value.”Rishi C. Sanghvi, Managing Director, Sanghvi Movers, said the collaboration would help the company expand its fleet with locally manufactured cranes, ensuring “superior serviceability, quicker turnaround time, and greater value creation within India’s economy.”

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code