# Action Construction Equipment

Action Construction Equipment Ltd. is an Indian material handling and construction equipment manufacturing company, incorporated in 1995.
The company has eight manufacturing sites in Faridabad, Haryana, with a research and development in Faridabad district, and has a manufacturing capacity of 12000 construction equipment and 9000 tractors annually. Their product portfolio is divided into four main categories: agricultural equipment, construction equipment, road construction equipment, and earth-moving machinery, mainly catering to Asia-Pacific, Africa and Latin America regions.
In 2019, the company was ranked at #223 in Fortune magazine's "Next 500" list of midsized Indian companies.

## Timeline

* 1995 – company incorporated, rolled out its first hydraulic mobile crane
* 1997 – received ISO 9001:2008 certification; established regional office in Mumbai
* 1998 – rolled out first mobile tower crane
* 1999 – rolled out its first small Loader; exported its first machine
* 2001 – partnership with Autogru PM, Italy for distribution of their products.
* 2004 – sold first tower crane and began developing fixed tower cranes
* 2005 – The company becomes public limited company and name was change Action Construction Equipments Private Limited to Action Construction Equipments Ltd. on October 4, 2005.
* 2006 – formed joint venture with Italian firm Tigieffe; listing on Stock Exchange – BSE and NSE; CNBC TV 18 emerging company award
* 2007 – launched forklift truck; became first Indian construction equipment manufacturer to be accorded CE marking; approved acquisition of a Romanian company by its Cyprus-based subsidiary, Frested Ltd.
* 2007/2008-purchased 89.5% of Forma S.A. in Romania, also a tractor and equipment manufacturer. Some ACE models have been sold as ACE-Forma
* 2008 – partnered with Chinese manufacturer Zoomlion; launched crawler cranes; rolled out the tractor range
* 2009 – designed, developed and launched road making equipment
* 2010 – Indigenous production of big Tower Cranes.
* 2011 – launch of in-house R&D center; in-house manufacturing of crawler cranes
* 2012 – launched new generation pick and carry cranes, lorry loaders, and higher-capacity tower cranes
* 2013 – started in-house engine plant; launched Free of Cost 24 x 7 ambulance service for the areas of Palwal and Faridabad Districts.
* 2014 – launched wheel harvester
* 2015 – launched rotavator and other agricultural implements
* 2016 – launched skid-steer loader and partnered with Turkish company Boom Makina
* 2017 – launched tractor range of up to 90 HP
* 2018 – launched AX124 backhoe loader for export market; ACE entered into MoU with Ursus SA for localization new range of tractors.; partnered with Punjab National Bank for farm machinery financing.
* 2019 – launched NX-series Multi Activity Crane at Bauma Conexpo, India Launched NX360° slew-cum-pick and carry crane from Tara Chand Logistics, MumbaiIndia's 1st Electric Crane F150ev

## Awards and recognition

* ICICI, CNBC-TV18 Emerging India Awards 2005-2006
* India's Best Company of the Year Award 2018 by Berkshire Media Pvt. Ltd. (A Division of Berkshire Media LLC, USA)
* Dream Companies to Work for - Construction Sector, 16 February 2019
* Award for Brand Excellence- Construction Equipment Industry ACE- National Brand Leadership Congress & Awards 2019
* Best Training Initiative Award (Infrastructure Sector) in National Award For Excellence in Training & Development 2019
* North India Best Employer Brand Award - 13th Employer Branding Awards 2018
* India's Top Challengers Award - 16th Construction World Global Awards-2018
* Best Seller in Mobile Cranes Category Award - 6th Equipment India-2018
* Best Seller in Mobile Cranes Category Award-5th Equipment India-2018
* Associate Partner in India's Top Challengers Award-Construction World-2017
* India's Most Trusted Company Award-IBC, USA-2017
* "70 Most Trusted Power Brands of India" Award-2017
* Economic Times "Infra Focus" Award-2017.
* Best Seller in Mobile Cranes Category Award-4th Equipment India-2017
* Construction World-2006, 2007, 2008, 2011, and 2012
* Brand Excellence- Construction Equipment Industry by National Brand Leadership Congress & Awards
* Best Training Initiative Award-Infrastructure Sector by National Award For Excellence in Training & Development 2019
* Ranked 223rd among the Next 500 Companies & Listed as Top Wealth Creators, 2019- Fortune India Magazine
* Best Company of the Year- Material Handling 2019 at Worldwide Achievers Business Leader's Summit & Awards 2019
* India's Most Trusted Companies Awards 2019
* Future of Workplace & Leadership Award - 2019
* India's Greatest Leaders 2019
* India's Greatest Brands 2019
* Excellence in Engineering Design 2019
* Person of the Year - Vijay Agarwal (Chairman & Managing Director) - ACE Equipment India 2019
* Bestseller in Mobile Cranes- Equipment India 2019
* North India Best Employer Award 2019 - 20
* Most Innovative HR Award
* Outstanding Employee Engagement Strategy Award - 2020
* Business Leader of the Year 2020 Award
* Best Company of the Year 2020 Award
* ACE Bags "Best Company in Cranes & Tower Cranes" Award in the CIA World Awards 2020
* Bestseller in Mobile Cranes Category” at Equipment India Awards, October 2020
* The Economic Times Prestigious Brands 2020–21 Award, March 2021
* “Best Company of the Year (Manufacturing)” Award at the Business Leader of the Year -19th Global Edition and 4th Edition India Awards, Apr 2021
* “Most Trusted Construction Equipment Manufacturer of the Year” Award at Business Leader Awards, Aug 2021
* Innovative New Equipment Launched 2021 by Construction Week, Sept 2021
* Best Mobile Crane Brand 2021 by Construction Week, Sept 2021
* Best Innovative Product of the Year 2021 by CIA World, Oct 2021
* Best Company in Cranes & Tower Cranes 2021 by CIA World, Oct 2021
* Outstanding Contribution in the Field of Logistics & Supply Chain Sector 2021 by CMO Asia, Oct 2021
* Market Leadership Award 2021 by CMO Asia, Oct 2021
* Award for Managing Health at Work 2021 by CMO Asia, Oct 2021
* India’s Top Challengers 2021 by Construction World, Oct 2021
* Innovation of the Year 2021 by Equipment India, Oct 2021
* Bestseller in Mobile Cranes 2021 by Equipment India, Oct 2021
* Power Brands – India’s Most Dynamic Leader - 2022 by Daily Indian Media, June 2022
* India’s 20 Most Impactful Power Brands 2022-23 by Daily Indian Media, June 2022
* Innovative Construction Equipment Award - ACE FP 210 Piling Cranes - by CE & CR Magazine, June 2022
* Transformative Trailblazing Leader – Mr Vijay Agarwal by Business Icons of India 2022
* Ranked 171st among the Next 500 Companies 2022 – Fortune India Magazine
* Best CSR Initiative Award – ITOTY Awards 2022
* CEO of the Year – Mr. Ashok Anantharaman (COO – Agri Division), ACE - 4th Farm Power Awards 2022
* Best Harvesting Solution Award – 4th Farm Power Awards 2022
* Bestseller in Mobile Cranes Category Award- 10th Equipment India Awards 2022
* Person of the Year Award to Mr. Sorab Agarwal (Executive Director)- ACE by Equipment India 2022
* Best in Sales-Pick and Carry Cranes at Equipment Times Awards, February 2023
* Best CSR Initiative Award – ITOTY Awards 2023
* Awarded as One of The Next 500 Companies 2023 by Fortune India
* Top Challengers - 21st Construction World Global Awards 2023
* Bestseller in Tower Cranes at 11th Equipment India Awards 2023
* Bestseller in Mobile Cranes at 11th Equipment India Awards 2023
* Innovative Design Award To ACE AP 21A Articulating Boom Lift Self-Propelled Aerial Work Platform at Equipment Times Yellow Dot Awards 2023
* Innovative Design Award To ACE F150 EV NextGen Electric Crane at Equipment Times Yellow Dot Awards 2023
* Hurun India Value Creator of the Year 2023 Award at India's Most Respected Entrepreneurs Awards by Hurun India