MoU11 Dec 2025, 10:30 am
ACE & Sanghvi Movers Sign Strategic MOU for Indigenous Heavy Cranes
AI Summary
Action Construction Equipment Ltd (ACE) and Sanghvi Movers Ltd have signed a strategic Memorandum of Understanding (MOU) to significantly scale up the deployment and usage of indigenously manufactured Heavy Slew Cranes, primarily Truck Cranes and Crawler Cranes across major infrastructure and industrial projects in India. This collaboration is a key step towards advancing the Government of India’s ‘Aatmanirbhar Bharat’ vision under the ‘Make in India’ program.
Key Highlights
- ACE and Sanghvi Movers have signed a strategic MOU to promote medium-term cooperation and increase market adoption of Indian-made heavy lifting equipment.
- Sanghvi Movers will expand its fleet with heavy cranes manufactured by ACE, supporting domestic manufacturing and faster project execution.
- The partnership aims to reduce dependence on imported cranes, strengthen national capabilities, and contribute to employment generation, skill development, and technology advancement within the country.
- The initiative will support India’s long-term objective of becoming a global hub for high-capacity lifting solutions.
- The MOU reflects ACE’s commitment to building national capability and contributing to true industrial self-reliance.