Action Construction Equipment (ACE) is investing Rs 400 crore to set up a new construction crane manufacturing facility in Palwal, Haryana. 

The new factory, spanning 22 acres, is intended to meet the soaring demand in India's construction sector. 

This is part of ACE's broader strategy to double its revenue by FY 2030 and expand into high-potential segments like backhoe loaders and defense equipment. 

The company has also acquired an additional 32 acres in Indore for future expansion, signaling a strong long-term growth vision.