ACE Secures X420 Crore Contract from Ministry of Defence for 1,121 RTFLTs
Action Construction Equipment Limited (ACE) has secured the largest order in its history, worth X420.00 crores, from the Ministry of Defence for the procurement of 1,121 Rough Terrain Fork Lift Trucks (RTFLTs). This order represents a 60% share of the total 1,868 RTFLTs to be supplied to the Indian Army, Air Force, and Navy, and is a significant boost to India’s defence infrastructure and indigenous manufacturing capabilities. The RTFLT is a mission-critical asset designed to enhance combat readiness and logistical efficiency. ACE was awarded this contract after successfully demonstrating the superior capability of its equipment through rigorous performance testing, reinforcing its position as a key contributor to India’s self-reliance in defence manufacturing.
Key Highlights
- ACE secures X420 Crore contract from the Ministry of Defence for 1,121 RTFLTs
- Contract represents 60% share of the total 1,868 RTFLTs to be supplied to the Indian Army, Air Force, and Navy
- RTFLT is a mission-critical asset designed to enhance combat readiness and logistical efficiency
- Contract awarded after rigorous performance testing, highlighting ACE's technological expertise and robust R&D capabilities
- Landmark contract reinforces ACE's leadership in the specialized cranes and material handling equipment sector