ACE secures major orders from Ministry of Defence

11 Sep 2024 CW Team

The Indian crane company is dedicated to offering advanced solutions for India’s defence needs in tough terrains. As per the recent agreement, the delivery of 285 specialized forklifts and 6 rough terrain cranes with a 30-ton lifting capacity are in the pipeline.

Commenting on this development, Mr. Dharmendra Singhal, Head of Institutional Sales at ACE, said, “This order from the Ministry of Defence is a strong endorsement of the reliability and performance of our equipment. It underscores ACE’s commitment to contributing to India’s strategic objectives under the ‘Make in India’ and ‘AatmaNirbhar Bharat’ initiatives. We look forward to supporting the nation’s defence infrastructure with advanced, purpose-built solutions designed to meet the highest standards of quality and efficiency”.

“We received work orders valuing Rs 66 crore approximately in just a month, which shows strong potential for our business in this area,” he added.

The new order for 99 specialized forklifts will significantly boost operational efficiency and effectiveness in demanding conditions. This reinforces ACE’s commitment to delivering reliable, high-performance equipment. The forklifts and rough terrain cranes will be deployed to enhance the Ministry of Defence’s operational capabilities, offering robust and durable solutions for a variety of critical applications.

ACE offers a wide range of forklifts designed to meet the varying needs of diverse industries. Its forklifts can handle capacities from 1.5 to 16 tons, for light to heavy-duty tasks. The company strives to provide purpose-built forklifts for each unique application, backed by a commitment to quality and customer satisfaction.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

In another boost to make India self-reliant in the Defence sector through the ‘Make in India’ initiative, India’s largest crane company & leading construction equipment and manufacturing company ACE - Action Construction Equipment has secured an order of 99 special forklifts with a 3-tonne lifting capacity from the Ministry of Defence (MoD). The Indian crane company is dedicated to offering advanced solutions for India’s defence needs in tough terrains. As per the recent agreement, the delivery of 285 specialized forklifts and 6 rough terrain cranes with a 30-ton lifting capacity are in the pipeline. Commenting on this development, Mr. Dharmendra Singhal, Head of Institutional Sales at ACE, said, “This order from the Ministry of Defence is a strong endorsement of the reliability and performance of our equipment. It underscores ACE’s commitment to contributing to India’s strategic objectives under the ‘Make in India’ and ‘AatmaNirbhar Bharat’ initiatives. We look forward to supporting the nation’s defence infrastructure with advanced, purpose-built solutions designed to meet the highest standards of quality and efficiency”. “We received work orders valuing Rs 66 crore approximately in just a month, which shows strong potential for our business in this area,” he added. The new order for 99 specialized forklifts will significantly boost operational efficiency and effectiveness in demanding conditions. This reinforces ACE’s commitment to delivering reliable, high-performance equipment. The forklifts and rough terrain cranes will be deployed to enhance the Ministry of Defence’s operational capabilities, offering robust and durable solutions for a variety of critical applications. ACE offers a wide range of forklifts designed to meet the varying needs of diverse industries. Its forklifts can handle capacities from 1.5 to 16 tons, for light to heavy-duty tasks. The company strives to provide purpose-built forklifts for each unique application, backed by a commitment to quality and customer satisfaction.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Real Estate

07 Jul 2026

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Infrastructure Urban

07 Jul 2026

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..