ACE and Bank of Baroda Pave the Way for Construction Innovation


ACE and Bank of Baroda Pave the Way for Construction Innovation

ACE – Action Construction Equipment Ltd, one of India’s leading Construction Equipment and manufacturing companies, has signed a Memorandum of Understanding (MoU) with Bank of Baroda to provide financing solutions for the construction equipment businesses. The MOU was signed in the presence of Manish Handa, VP & Business Head - Earthmoving Equipment Division, ACE, and Dhrubashish Bhattacharya, Head - MSME & Co-Lending, Bank of Baroda. Under this agreement, the Bank of Baroda finance option will be available across the country for ACE customers. This pact will empower construction equipment businesses, local entrepreneurs, and startups by providing seamless access to a tailored financing option.

Speaking at the occasion of signing this MoU, Handa stated, “We are delighted to sign this MoU with Bank of Baroda. This MOU will definitely help our customers with a wider choice of financing options across the length and breadth of the country and offer a platform for both the ACE and Bank of Baroda to grow their businesses in a mutually beneficial way.”

This strategic collaboration extends to all Construction Equipment range offered by ACE, including Backhoe Loaders, Front End Loaders, Cranes (all range), Grader, Compactors & Forklifts. ACE remains dedicated to understanding and meeting the evolving needs of the construction industry and its customers.


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