ACE receives new order from Border Road Organisation (BRO)
News: Action Construction Equipment has received an order for the supply of 40 units of backhoe loaders from Border Road Organisation, Ministry of Defence (MoD).
Views: Action Construction Equipment qualified by proving the capability of the multifunction machines through comprehensive testing under the "Make in India" and "AatmaNirbhar Bharat" initiatives of the government. The current order book prior to this order was at Rs 120 crore and several other opportunities worth Rs 250-300 crore were in line. This new order and expertise in this field will help ACE in increasing its revenue from the defence segment in coming quarters, thus helping the company to achieve its 20-25% CAGR revenue growth target for the next two to three years.
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