The company, Action Construction Equipment (ACE) has entered into a tie-up with Japan’s KATO Works to manufacture heavy duty cranes in India. The new company has been named ACE KATO Pvt. Ltd. and will address the demand for truck, crawler and rough-terrain cranes, in India and abroad. To support the initiative, the partners have set up an 11-acre manufacturing facility in Haryana with a planned investment of around ₹200 crore.
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