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Action Construction Equipment Limited has secured a significant ₹420 crore contract from the Ministry of Defence, marking the largest order in the company's history. This order encompasses the delivery of 1,121 Rough Terrain Forklift Trucks (RTFLTs), contributing to a total procurement of 1,868 units, with ACE capturing a 60% market share. The RTFLT is essential for enhancing logistics and combat readiness across the Indian Army, Navy, and Air Force by streamlining the handling of critical supplies.
This milestone reflects ACE's strong commitment to the ‘Make in India’ and ‘Aatma Nirbhar Bharat’ initiatives, demonstrating the company’s technological expertise and R&D capabilities. The successful performance testing of their equipment played a key role in securing this order, reinforcing ACE's position as a vital participant in India's defense manufacturing landscape. This achievement not only solidifies ACE's leadership in specialized cranes and material handling but also signals a positive outlook for future growth and opportunities in the defense sector.
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