Action Construction Equipment (ACE) and Sanghvi Movers Limited have signed a strategic Memorandum of Understanding (MOU) to boost the use of indigenously manufactured heavy cranes. The MOU aims to promote the ‘Make in India’ initiative, reduce reliance on imported cranes, and strengthen domestic manufacturing. Sanghvi Movers will expand its fleet with ACE-manufactured cranes, enhancing project execution across India.
Strategic Alliance for Indigenous Manufacturing
Action Construction Equipment Limited (ACE) and Sanghvi Movers Limited have entered into a strategic Memorandum of Understanding (MOU) to promote the deployment of indigenously manufactured Heavy Slew Cranes, including Truck Cranes and Crawler Cranes, across infrastructure and industrial projects in India. The agreement was formalized on December 10, 2025.
‘Make in India’ Initiative
The collaboration supports the Government of India’s ‘Aatmanirbhar Bharat’ vision, aligning with the ‘Make in India’ program. The aim is to promote cooperation to increase the market adoption of Indian-made heavy lifting equipment and reduce dependence on imports.
Sanghvi Movers Fleet Expansion
Under the MOU, Sanghvi Movers will expand its fleet with heavy cranes manufactured by ACE. This move supports domestic manufacturing and enables faster and more reliable project execution. ACE will prioritize product support, customization, and technical solutions tailored to India’s infrastructure needs.
Expected Outcomes
The partnership is expected to drive import substitution, develop local supply chains, and contribute to job creation, skill development, and technology advancement. It aims to support India’s objective of becoming a global hub for high-capacity lifting solutions.
Executive Perspectives
Mr. Sorab Agarwal, Executive Director, ACE, stated that the partnership deepens the ‘Make in India’ initiative by offering world-class indigenous alternatives. Mr. Rishi C. Sanghvi, Managing Director, Sanghvi Movers, added that the collaboration will expand their fleet with domestically manufactured cranes, reduce import dependency, and ensure superior serviceability.
Source: BSE
