Partnership
Kato Works x Action Construction Equipment (ACE) Joint Venture
Kato Works Co., Ltd. and Action Construction Equipment Ltd. (ACE) formed a 50:50 joint venture to invest ₹200 crore in a new crane manufacturing venture in India. The JV will produce advanced truck-mounted cranes and high-capacity cranes for the Indian and global markets.
joint venture · Active · just announced
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faf879db-3b24-4de0-98d1-19138693cc83- Type
- joint venture
- Status
- Activejust announced
- Announced
- 2025-11-1012 months ago
- Active for
- 12 months
Who’s involved
[Kato Works Co., Ltd.](https://www.kato-works.co.jp) (TYO: 6390) is a Japanese construction machinery manufacturer founded in 1895, headquartered in Shinagawa, Tokyo. The company produces mobile cranes, hydraulic excavators, rough-terrain cranes, crawler cranes, mini excavators, earth boring rigs, vacuum trucks, and street sweepers. Kato Works has been expanding its autonomous and remote-controlled construction equipment lineup, with recent patents in construction machine operation notification devices and image processing for industrial vehicles. The company acquired IHI Construction Machinery's excavator business in 2016 and formed a 50:50 joint venture with Action Construction Equipment (ACE) in India in 2025.
Most-frequent partners
Off-registry parties
- Action Construction Equipment (ACE) · co developer
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Sources (2)
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