# Kato Works x Action Construction Equipment (ACE) Joint Venture: partnership

Canonical ID: `faf879db-3b24-4de0-98d1-19138693cc83`

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.

- **Type:** joint venture
- **Status:** active
- **Verification posture:** reported (press-release-only)

## Parties (2)

- [Kato Works](https://registry.deploy.report/companies/kato-works.md) manufacturer
- Action Construction Equipment (ACE) _(off-registry)_ co developer

## Timeline

- **Announced:** 2025-11-10

## Sources (1)

1. https://www.facebook.com/machinemakerindia/posts/action-construction-equipment-ltd-and-kato-works-co-ltd-have-entered-into-a-stra/1504040111731288/


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