Sanghvi Movers has announced a new strategic partnership with Ace, aimed at enhancing the company's "Elevate 2030" vision through the utilization of local heavy crane operations.

Partnership Overview

The collaboration between Sanghvi Movers and Ace represents a strategic alignment with the company's long-term Elevate 2030 objectives. The partnership specifically focuses on leveraging local heavy crane capabilities to support operational requirements.

Strategic Implications

This partnership appears to be part of Sanghvi Movers' broader strategic framework under the Elevate 2030 initiative, though specific details regarding the scope, duration, or financial terms of the agreement have not been provided.

The focus on local heavy crane operations suggests an emphasis on strengthening regional capabilities and potentially reducing operational dependencies on external resources.

Sanghvi Movers Limited , recognized as India's and Asia's largest crane rental company and the world's 5th largest, has announced a strategic partnership with Action Construction Equipment Limited (ACE) through a Memorandum of Understanding formalized at EXCON 2025 on December 10, 2025.

Strategic Partnership Details

The MoU represents a significant step in SML's long-term corporate vision, ELEVATE 2030, specifically advancing its Product Portfolio Diversification initiative. Under this collaboration, SML will substantially integrate indigenously manufactured Heavy Slew Cranes, including Truck Cranes and Crawler Cranes, into its vast fleet.

Alignment with National Initiatives

This strategic collaboration directly contributes to the Government of India's Aatmanirbhar Bharat vision and the Make in India program. The partnership reflects SML's proactive approach to increase deployment of Indian-made heavy lifting equipment, thereby reducing reliance on imported assets and strengthening the country's capabilities in this capital-intensive sector.

The initiative is positioned to drive substantial import substitution, catalyze local supply chain development, and contribute to employment generation, skill development, and technology advancement within the country.

Operational Benefits and Service Enhancement

Under the MoU terms, SML will strategically and progressively expand its world-class fleet with heavy cranes manufactured by ACE. This decisive action supports domestic manufacturing and is calculated to ensure faster, cost-efficient, and more reliable project execution for SML's extensive client base across India.

ACE, in turn, is committed to providing:

• Priority product support
• Crucial customization services
• Technical solutions tailored to SML's operational demands within India's accelerating infrastructure ecosystem

Executive Perspectives

Mr. Rishi C. Sanghvi, Managing Director, Sanghvi Movers Limited, emphasized the alliance's strategic importance: "Our collaboration with ACE is a strategic enabler for sustainable growth, serving as a pillar under our ELEVATE 2030 vision. By expanding our fleet with domestically manufactured cranes, we not only reduce import dependency but also ensure superior serviceability, quicker turnaround time, and greater value creation within India's economy."

Mr. Sorab Agarwal, Executive Director, ACE, commented on the broader industry implications: "India's heavy slew cranes market has historically relied on imports. Through this partnership, we are deepening the Make in India initiative by offering world-class indigenous alternatives that deliver performance, safety, and lifecycle value. This MoU reflects our commitment to building national capability and contributing to true industrial self-reliance."

Company Profiles

Sanghvi Movers Limited

Established in 1989 and headquartered in Pune, Maharashtra, SML operates as India's and Asia's largest, and the world's 5th largest crane rental company. The company maintains an impressive operational scale:

Action Construction Equipment Limited

Established in 1995 and headquartered in Palwal, Haryana, ACE holds significant market leadership positions:

This strategic partnership positions both companies to capitalize on India's growing infrastructure development while contributing to the nation's self-reliance objectives in heavy equipment manufacturing and deployment.