ACE Invests Rs 4 Billion to Build New Crane Manufacturing Plant in Palwal

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Key Highlights:

• Rs 4 billion invested in new Palwal crane plant.

• 22-acre facility to boost manufacturing capacity.

• 32-acre land acquired in Indore for future projects.

• Focus on backhoe loaders, defence, and agriculture.

• Record revenue and profits reported in Q4/FY25.

Action Construction Equipment (ACE), one of India’s top construction equipment and crane manufacturers, has announced a major investment of Rs 4 billion to set up a new crane manufacturing facility in Palwal, Faridabad, Haryana. This move marks a significant step towards boosting its production capacity and supporting India’s growing construction sector.

New Crane Manufacturing Facility in Palwal

The new plant will be spread across 22 acres and will focus on the production of construction cranes. This expansion will help ACE meet the rising demand for cranes in infrastructure projects across the country while improving its overall manufacturing capabilities.

Strategic Expansion with Land Acquisition in Indore

In addition to the Palwal facility, ACE has acquired 32 acres of land in Indore. This land will be used for future projects, strengthening the company’s presence in key industrial regions and supporting its long-term growth strategy.

Focus on High-Potential Segments

ACE aims to double its revenue by FY2030 by targeting fast-growing sectors such as backhoe loaders, defence, and agriculture. The company is also looking to double its export footprint, boosting its global presence and competitiveness.

Strong Financial Performance

The company reported its highest-ever revenue and profits in Q4/FY25, reflecting a strong business performance and demand across its product portfolio.

Leadership Statement

Sorab Agarwal, Executive Director of ACE, said, “Our focused strategy to double revenues by FY2030 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 also added, “Infrastructure investments like the Palwal plant, capacity augmentation, and next-gen technology adoption are enhancing ACE’s competitiveness. Our Q4/FY25 performance underlines the strong growth trajectory we are on.”

ACE’s Outlook

With the new facility in Palwal and strategic land acquisitions, ACE is set to strengthen its manufacturing footprint and meet the increasing demand in the construction sector. These investments highlight ACE’s commitment to technology adoption, capacity expansion, and supporting India’s infrastructure growth story.

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CMV360 Says

ACE’s investment in the Palwal plant and land acquisition in Indore show its clear focus on growth and innovation. By targeting high-potential segments, doubling exports, and boosting capacity, ACE is positioned to meet India’s infrastructure demands while achieving its FY2030 revenue goals.