India, July 4 -- Action Construction Equipment (ACE) Limited, India's leading construction equipment manufacturer and the world's largest pick-and-carry crane manufacturer, and KATO Works Co., Ltd., Japan's globally recognised manufacturer of mobile cranes and construction machinery, announced ACE KATO Pvt. Ltd., their 50:50 joint venture company that will manufacture high-capacity cranes in India for domestic and global markets.

ACE KATO Pvt. Ltd has been incorporated to establish a dedicated manufacturing platform for truck cranes, crawler cranes and rough terrain cranes, catering to infrastructure, transportation, mining, ports, energy, metro rail, industrial and other heavy-duty applications.

The joint venture has established an 11-...