ACE Secures Rs 4.20 Bn Contract from Ministry of Defence
21 Feb 2025
2 Min Read
CW Team
In a significant boost to India鈥檚 defence infrastructure and indigenous manufacturing capabilities, Action Construction Equipment (ACE) has secured the largest order in its history, reinforcing its commitment to the Government of India鈥檚 鈥楳ake in India鈥� and 鈥楢atma Nirbhar Bharat鈥� initiatives. The Ministry of Defence (MoD) has signed contracts, in the presence of Defence Secretary Shri R K Singh, for the procurement of 1,868 Rough Terrain Fork Lift Trucks (RTFLT), with ACE securing a dominant 60 per cent share of the order. ACE will deliver 1,121 RTFLTs along with attachments and accompanying accessories at a total value of Rs 4.20 billion.
The RTFLT is a mission-critical asset, designed to enhance combat readiness and logistical efficiency across the Indian Army, Indian Air Force, and Indian Navy. By reducing manual handling of vast quantities of essential supplies, the RTFLT significantly improves the operational effectiveness of the Defence forces. ACE was awarded this breakthrough contract after successfully demonstrating the superior capability of its equipment through rigorous performance testing. This milestone order underscores the company鈥檚 technological expertise and robust R&D capabilities, reinforcing its position as a key contributor to India鈥檚 self-reliance in defence manufacturing.
鈥淭his is a momentous achievement for ACE, marking our single largest order to date and a testament to our unwavering commitment to innovation and excellence. We take immense pride in playing a crucial role in strengthening our nation鈥檚 defence logistics with indigenously designed and manufactured solutions鈥�, said, Sorab Agarwal, Executive Director, ACE.
With this landmark contract, ACE continues to drive forward India鈥檚 vision of self-reliance in material handling technology while reinforcing its leadership in the specialized cranes and material handling equipment sector.
In a significant boost to India鈥檚 defence infrastructure and indigenous manufacturing capabilities, Action Construction Equipment (ACE) has secured the largest order in its history, reinforcing its commitment to the Government of India鈥檚 鈥楳ake in India鈥� and 鈥楢atma Nirbhar Bharat鈥� initiatives. The Ministry of Defence (MoD) has signed contracts, in the presence of Defence Secretary Shri R K Singh, for the procurement of 1,868 Rough Terrain Fork Lift Trucks (RTFLT), with ACE securing a dominant 60 per cent share of the order. ACE will deliver 1,121 RTFLTs along with attachments and accompanying accessories at a total value of Rs 4.20 billion.
The RTFLT is a mission-critical asset, designed to enhance combat readiness and logistical efficiency across the Indian Army, Indian Air Force, and Indian Navy. By reducing manual handling of vast quantities of essential supplies, the RTFLT significantly improves the operational effectiveness of the Defence forces. ACE was awarded this breakthrough contract after successfully demonstrating the superior capability of its equipment through rigorous performance testing. This milestone order underscores the company鈥檚 technological expertise and robust R&D capabilities, reinforcing its position as a key contributor to India鈥檚 self-reliance in defence manufacturing.
鈥淭his is a momentous achievement for ACE, marking our single largest order to date and a testament to our unwavering commitment to innovation and excellence. We take immense pride in playing a crucial role in strengthening our nation鈥檚 defence logistics with indigenously designed and manufactured solutions鈥�, said, Sorab Agarwal, Executive Director, ACE.
With this landmark contract, ACE continues to drive forward India鈥檚 vision of self-reliance in material handling technology while reinforcing its leadership in the specialized cranes and material handling equipment sector.
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