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Leading material handling and construction equipment manufacturing company ACE has joined hands with Korean multinational conglomerate Doosan Corporation to represent its “Industrial Vehicle� � MHE segment in India.ACE, India’s le...

Leading material handling and construction equipment manufacturing company ACE has joined hands with Korean multinational conglomerate Doosan Corporation to represent its “Industrial Vehicle� � MHE segment in India.ACE, India’s leading material handling and construction equipment manufacturing company and largest crane manufacturing company in the world, has joined hands with Doosan Corporation, a Korean multinational conglomerate to represent their “Industrial Vehicle� � MHE segment in India. “This is a strategic move for both the partners to secure a majority market share in India,� says Chetan Gole, CEO (Forklifts Vertical), ACE, as he shares more…The brand advantageDoosan Corporation, a Fortune 500 company, is one of the first foreign MHE brands to foray in India. It had its supremacy established through its technologically advanced and innovative products. The brand is popular for its reliability and dependability. Whereas ACE is the Indian brand grown with the core philosophy of offering reliable product at reasonable price and supported by prompt services.The past couple of years of economic growth in India has pulled and established many MNCs in India. These global brands and certain Indian industry segments have an affinity towards high performance premium products. This industry segment contributes to approximately 20-25 per cent of current MHE business. This share is mainly taken by imported European and Japanese brands.Benefits of the partnershipThe co-operation will help Doosan regain and consolidate its market share by using a widespread ACE network of 100 plus dealers for sales and service support across India and ACE gets a pie of premium segment, thereby increasing its market share further. So it is a win-win strategy for both partners. This new partnership of Doosan in India with ACE is expected to streamline and support existing customers and infuse new energy and confidence in Doosan Brand in India and, thereby, make it a leader in India in the premium segment.(Communication by the management of the company)

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Infrastructure Energy

South West Pinnacle Wins Rs 30 Cr Oman Mining Contract

South West Pinnacle Exploration Ltd has secured a Rs 30 crore contract from Minerals Development Oman (MDO) for mining exploration in concession areas 12B and 13.The two-year project will be carried out via Alara Resources LLC, a JV in Oman. MDO, backed by Oman’s investment authorities, focuses on monetising mineral wealth.The contract covers copper, gold, and chromite and highlights South West Pinnacle’s growing footprint in international exploration and mining services. ..

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Equipment

Godrej GEG Boosts Intralogistics with AI and Green Tech

Godrej Enterprises Group (GEG) is revolutionising warehouse and factory logistics through its Material Handling Equipment and Storage Solutions arms by integrating AI, IoT, and automation.With 20�25% market share and 85% local sourcing, GEG champions Atmanirbhar Bharat and sustainability. The Chennai plant, a green manufacturing leader, uses RoHS-compliant materials and has slashed energy consumption by 60%.GEG serves e-commerce, FMCG, retail, and cold chains with high-performance racking and electric forklifts. Upcoming IoT-enabled forklifts and telematics solutions aim to improve speed, sa..

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Infrastructure Urban

Amit Shah Inaugurates Key Projects Across Gujarat

Union Dzҳ Minister Amit Shah inaugurated and laid the foundation stone for various projects in Gujarat’s Panchmahal district and Ahmedabad.In Godhra, he inaugurated the Center of Excellence building, sports complex, reservoir, and Miyawaki plantation. In Ahmedabad, he unveiled a new cooperative complex in Adaroda village and a primary school in Juwal.These projects, under the Model Co-op Village scheme, aim to boost education, sustainability, and rural development across the state. ..

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