India, Dec. 11 -- Action Construction Equipment Ltd (ACE), the world's largest Pick-n-Carry crane maker and a leading Indian construction equipment manufacturer, has signed a strategic Memorandum of Understanding (MOU) with Sanghvi Movers Ltd, Asia's largest and the world's fifth-largest crane rental company.
The partnership aims to expand the use of indigenously manufactured heavy slew cranes—including truck cranes and crawler cranes—across major infrastructure and industrial projects in India. The move strongly supports the Government of India's Aatmanirbhar Bharat and Make in India initiatives by promoting adoption of locally built heavy-lifting equipment and reducing reliance on imports.
Under the agreement, Sanghvi Movers...