Kato Works Co., Ltd. and Action Construction Equipment Limited (ACE) will establish a joint venture in Haryana, India, with a total capital of INR 2.0 billion to manufacture heavy cranes for domestic and international markets. The new entity, to be named ACE KATO Pvt. Ltd., is scheduled to commence operations in April 2026 following the […]
Garden Reach Shipbuilders & Engineers Limited has signed a memorandum of understanding with K2 Cranes & Components Private Limited for the design, development and manufacture of marine, defence and shipyard cranes and associated equipment. The MoU covers collaboration on cranes and related equipment intended for use in marine, defence and shipyard applications. The arrangement is […]
TIL Ltd, an Indian manufacturer of material handling and infrastructure equipment, has secured contracts valued at more than INR 2 billion for the supply of reach stackers to Container Corporation of India (CONCOR) and mission-critical cranes to the Indian armed forces. The orders span both commercial logistics and defence applications. The company received an order […]
BEML Limited has signed a Memorandum of Understanding with HD Korea Shipbuilding & Offshore Engineering Co. Ltd (KSOE) and HD Hyundai Samho Heavy Industries (HSHI) to jointly design, develop, manufacture, integrate, install, and commission a new generation of maritime and port cranes in India. The agreement was formalised on 05 December 2025 in Bengaluru. The […]
