ACE to Invest ₹400 Crore in New Palwal Crane Manufacturing Facility

Action Construction Equipment (ACE) is investing ₹400 Cr in a 22-acre Palwal plant for tower cranes, boosting Make in India, jobs, and infrastructure growth.
ACE invests ₹400 Cr in Palwal crane facility to meet India’s growing infrastructure demand.

Action Construction Equipment (ACE), one of India’s leading construction and material handling equipment manufacturers, is expanding its footprint with a significant investment in a new crane manufacturing facility in Palwal, Haryana. The company is set to invest nearly ₹400 crore in this project, which will be spread across 22 acres of land and dedicated primarily to tower crane production.

With India witnessing rapid growth in infrastructure development, including highways, metro networks, urban housing, and industrial projects, the demand for heavy lifting equipment such as cranes has surged. ACE’s new plant aims to bridge this demand-supply gap, enhance domestic production capabilities, and reduce reliance on imported machinery.

The facility is expected to become a key hub for advanced crane manufacturing, strengthening ACE’s position in the competitive construction equipment sector. This move is also in line with the government’s “Make in India” vision, promoting indigenous production and boosting local employment.

In addition to the Palwal investment, ACE has also acquired 32 acres of land in Indore to support future capacity expansions, signaling its intent to diversify and scale across different product lines. The company has set ambitious growth targets, including doubling its revenue by FY 2030, supported by new projects in cranes, backhoe loaders, defense applications, and exports. By setting up this modern facility, ACE is not only positioning itself to meet the immediate needs of the domestic construction market but also preparing to serve international markets with world-class equipment.

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