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�

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