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Towering over
Tower cranes are expected to a see a surge in demand with the spurt in infrastructure development projects.
We have 200 cranes working only in South India alone
Almost 200 cranes working only in the South India overall. We can say more than 500 cranes in the last couple of years in South India. There is a good growth rate we have seen amidst this pandemic.
Towering opportunities
Choosing a tower crane is increasingly about safety and productivity features, as customers seek to lift more with less power, upgrade to a higher capacity economically, and safely use multiple cranes at space-constrained project sites.
Thwarting challenges
The construction equipment (CE) market was predicted to be flat this year due to elections and uncertainty in the new political scenario. The industry was cautiously optimistic.
Vertical Growth
Tower crane market is now on revival path, which was going through a lull period till recently. Going forward, a steady growth of real estate market could see a further momentum in tower cranes.
We expect 50 per cent growth in our numbers by 2020
ACE believes in providing customised solutions specific to the requirements of the clients. Mayank Pundir, Country Head - Tower Cranes, shares more on the current market trends and the industry outlook.
Crushing capacity creation needed
Road Transport and Highways Minister Nitin Gadkari informed in Lok Sabha that projects for constructing 6,320 km of road have been awarded under the first phase of the Bharatmala project, with the financial implication estimated to be Rs 1.44 trillion.
We have expanded our tower crane range up to 25T capacity
We strongly believe in ?Make in India,? and have our own research and development team which has given various innovative solutions for Indian customers. We supply tower cranes for real estate buildings, factories, bridges, power plants, hydro electric projects, dams, refineries, etc