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ACE secures Rs 4.2 billion contract from Ministry of Defence
Industry News- Feb 21,25
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% share of the order.
Action Construction Equipment Limited (ACE) has secured the largest order in its history, reinforcing its commitment to the Government of India’s ‘Make in India’ and ‘Aatma Nirbhar Bharat’ 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% share of the order. ACE will deliver 1,121 RTFLTs along with attachments and accompanying accessories at a total value of Rs 4.2 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 capability of its equipment through rigorous performance testing.
“This 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’s defence logistics with indigenously designed and manufactured solutions”, said, Sorab Agarwal, Executive Director, ACE.
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