ACE to Invest Rs 4 Bn in New Construction Crane Facility at Palwal, Haryana

19 Sep 2025 CW Team

Action Construction Equipment (ACE), India’s leading construction equipment and crane manufacturer, has announced an investment of Rs 4 billion to set up a new construction crane manufacturing facility at Palwal, Faridabad, Haryana. Spanning 22 acres, the facility is aimed at meeting the growing demand in the construction sector and strengthening ACE’s manufacturing footprint.

Alongside this expansion, ACE has also acquired 32 acres of land in Indore for future projects, aligning with its long-term growth strategy.

Sorab Agarwal, Executive Director, ACE, said, “Our focused strategy to double revenues by FY 2030 is backed by decisive moves into high-potential segments such as backhoe loaders, defence, and agriculture, along with a concerted push to double our export footprint.”

He added that infrastructure investments like the Palwal plant, capacity augmentation, and next-gen technology adoption are enhancing ACE’s competitiveness. The company also reported its highest-ever revenue and profits in Q4/FY25, underlining its strong growth trajectory.

News source: Projects Today

Resources

09 Mar 2026

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..