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TICKER TAPE
         ACE - ACTION CONSTRUCTION EQUIPMENT LIMITED       EICHER EXPANDS PRO X SMALL TRUCK RETAIL NETWORK
           AND KATO WORKS CO., LTD. JOIN HANDS TO                  WITH NEW DEALERSHIP IN FARIDABAD
        MANUFACTURE HIGH CAPACITY & HIGH-END CRANES        Eicher Trucks & Buses, a business unit of VE Commercial Vehicles  EQUIPMENT
                            IN INDIA                       Ltd. (VECV), inaugurated its exclusive dealership for the newly
       ACE - Action Construction Equipment Ltd., the world’s largest   launched Eicher Pro X Small Truck range in Faridabad. The state-of-
       Pick-and-Carry crane manufacturer and India’s leading material   the-art Shree Motors Private Limited 3S dealership facility, located
       handling and construction equipment company, has entered   at Mathura Road, Sector-15A, Faridabad, Haryana, is designed
       into a strategic joint venture with Kato Works Co., Ltd., Japan, a   to deliver best-in-class customer experience and elevate every
       globally recognised material handling & construction equipment   aspect of the vehicle buying and servicing journey.
       company with decades of experience in  design, development   Spanning around 12,000 sq. ft., the facility features a well-
       and manufacturing  of Mobile Cranes, Excavators and related   designed display area, customer lounge, service infrastructure,
       Construction Machinery.                             and supporting utility spaces, ensuring a seamless and convenient
       The joint venture ‘ACE KATO Pvt. Ltd.’ will bring together the global   interaction for customers. Equipped with interactive digital
       technology, design and engineering expertise of Kato Works   displays, the dealership enables fleet owners and transporters
       Co., Ltd. with Action Construction Equipment Limited’s strong   to explore the Eicher Pro X range in detail, helping them make
       manufacturing base, extensive market reach and operational   informed purchase decisions while experiencing Eicher’s focus
       capabilities in India.                              on innovation, efficiency, and reliability. Commenting on the
       The collaboration aims to enhance product competitiveness by   inauguration, Ramesh Rajagopalan, EVP, Customer Service,
       improving performance and cost efficiency, while enabling both   Retail Excellence and Network Development, VECV,  stated,
       companies to address emerging growth opportunities across   “Faridabad  holds  strategic  importance
       domestic and international markets.                 as a prominent industrial and logistics
       The initiative aligns with India’s broader manufacturing ambitions   hub in North India, supporting diverse
       under Make in India, while contributing to the development of   sectors such as e-commerce, parcel
       a globally competitive construction equipment industry that   and courier services, FMCG distribution,
       supports the country’s long-term infrastructure and economic   and industrial goods movement. With the
       growth.                                             addition of Shree Motors Private Limited’s
       The joint venture will involve a total investment of approx. `200   exclusive Eicher Pro X dealership, we are
       crore, with an equal 50:50 partnership. The manufacturing facility   strengthening our footprint in the region while enhancing our
       will be established in Haryana, with operations expected to   capability to serve businesses that depend on efficient last-mile
       commence in 2026.                                   transportation. We are delighted to onboard the Shree Motors
       Under this partnership, the joint venture will focus on the   team into the Eicher Pro X network and remain committed to
       manufacturing of high capacity & heavy cranes, including Truck   delivering intelligent, connected, and customer-focused mobility
       cranes, Crawler cranes and Rough Terrain cranes, serving the   solutions to our customers across Faridabad and nearby markets.”
       Indian market as well as international markets.     Strategically located on NH-19, the Delhi–Mathura–Agra corridor,
       Commenting on the development, Sorab Agarwal, Executive   the new Eicher Pro X dealership offers excellent accessibility for
       Director, Action Construction Equipment Limited, said:   customers and fleet operators across the region. Its proximity to
       “India is witnessing an unprecedented phase of infrastructure   key commercial and industrial clusters such as DLF Industrial Area,
       and industrial growth, which is                     Karkhana Bagh Industrial Area, Sector 24–25 industrial zones, NIT
       significantly increasing the demand for             Sabzi Mandi, and Anaj Mandi positions the dealership at the
       advanced construction equipment. Our                centre of Faridabad’s thriving logistics and trade ecosystem.
       partnership with Kato Works marks an                The facility is well-placed to cater to businesses operating in
       important milestone in bringing globally            e-commerce, parcel courier, FMCG distribution, and industrial
       benchmarked crane technology to                     goods transportation. The newly launched 3S facility integrates
       India while strengthening domestic                  sales, servicing, and spare parts under one roof, supported by
       manufacturing capabilities.”                        Eicher’s service infrastructure designed to maximize uptime and
       “ACE has consistently focused on developing world-class   operational efficiency. Fleet owners and transporters in the region
       equipment in India. Today, our products are exported to more   will benefit from quick access to Eicher’s new-age, fuel-efficient
       than 42+ countries. Through this collaboration, we aim to further   and fully connected vehicles, reinforcing Eicher’s commitment to
       expand our presence in the high-capacity crane segment while   enabling efficient and reliable last-mile logistics.
       positioning India as a strategic manufacturing hub for advanced   Born-digital and customer-centric, the dealership features an
       lifting equipment.”                                 interactive customization zone that allows customers to configure
       The collaboration will leverage Kato Works’ proprietary   vehicles based on cargo body requirements, load deck options,
       technologies and decades of engineering expertise to enhance   fuel choices, and colour preferences bringing a new level of
       product performance, efficiency and reliability.    flexibility and personalization to the commercial vehicle buying
       Beyond meeting domestic demand, the joint venture aims to   experience. Trained technicians, advanced service support tools,
       explore export opportunities across Asia, the Middle East, Africa   and customer engagement platforms ensure prompt service
       and other international markets.                    delivery and a seamless ownership experience.


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