Manish Mathur of ACE: Overall outlook for next two years in positive
Action Construction Equipment is India鈥檚 leading material handling and construction equipment manufacturing company with a majority market share in mobile cranes and tower cranes segment. In addition to mobile cranes, ACE also offers mobile/fixed tower cranes, crawler cranes, truck mounted cranes, lorry loaders, backhoe loaders/loaders, vibratory rollers, forklifts, tractors & harvesters and other construction equipment. ACE has a consolidated presence in all major infrastructure, construction, heavy engineering and industrial projects across the country.

Speaking on the market for medium and heavy-duty mobile cranes in India, Manish Mathur, CEO 鈥� Cranes, Action Construction Equipment, said, 鈥淭he overall outlook for next couple of years for pick and carry, and medium and heavy-duty mobile cranes is positive. While we expect a sustainable growth on YoY basis, but due to pandemic, we might see some hiccups in between. However, clearly, mobile cranes market in India will grow in the next three to four years. High-speed rail projects, road projects, airports (both Greenfield like Jewar and expansion in cities like Delhi and Chennai airports), various metro and rapid rail projects, Greenfield refinery projects and various water pipe laying projects across India will drive the growth of mobile cranes in upcoming years.鈥�

Related Stories

Liebherr hydraulic excavators renovate taxiway at Hamburg Airport
Sany empowers intelligent port construction to achieve major breakthrough
ACE posts robust Q2 FY25; revenue up by 14.5% YoY
Propel electric tipper truck 470HEV achieves Homologation certification!
Tata Hitachi showcases ZAXIS 38U and SHINRAI Prime at RAHSTA Expo
JCB India launches its most fuel-efficient Tracked Excavator
RAHSTA to submit policy recommendations to NHAI
Sany India inaugurates 22nd 3S branch in Nellore
Roads & Highways Builders book RAHSTA Expo
Hoist & Winch is pillar of support in overhead crane project