Top 10 Crane Manufacturing Companies in India | 2025

Top 10 Crane Manufacturing Companies in India

The India crane market has been witnessing tremendous growth in recent years, driven by numerous factors such as rising urbanization and infrastructure development projects. Apart from government initiatives as well as investments in the construction sector, a major contributor to the growth of the crane market in India is the presence of leading players. Leading market companies have played a significant role in introducing innovative technologies and products, stimulating competition, and improving overall market dynamics.

Some of the key companies in the India crane industry are continuously investing in research and development activities to improve their product offerings and cater to changing customer demands. This has resulted in a wide range of cranes being available in the market, catering to diverse applications. Moreover, these players have also been actively involved in mergers and acquisitions, expanding their product portfolios and geographical presence. According to 6Wresearch, the India Crane Market size is expected to rise at a CAGR of around 5.5% during the forecast period 2025-2031 and the market will reach a value of US$ 4.8 billion.

List of Leading Companies in the India crane market

1. Escorts Group

The Escorts Group is a diversified conglomerate that operates in numerous sectors such as agri-machinery, construction equipment, railway equipment and material handling equipment. It is one of the oldest and most renowned companies in the Indian crane market, with over 75 years of experience in the industry.

2. TIL Limited

TIL Limited was established in collaboration with Caterpillar Inc., USA in the year 1944. The company is a leading provider of a wide range of material handling equipment such as mobile cranes, port equipment, and construction equipment.

3. Action Construction Equipment Ltd.

Action Construction Equipment Ltd. (ACE) is one of the fastest-growing companies in India's crane market. It offers a variety of products including tower cranes, pick-n-carry cranes, and crawler cranes.

4. Mahindra & Mahindra Limited

Mahindra & Mahindra Limited is a well-known Indian multinational company that operates in various industries including automotive, farm equipment, and construction. The company's material handling division offers a wide range of cranes such as truck-mounted cranes, rough terrain cranes, and all-terrain cranes.

5. Sany India

Sany India is a subsidiary of the Chinese multinational heavy machinery manufacturing company Sany Group. It has been present in the Indian market since 2002 and offers various types of cranes including truck cranes, crawler cranes, and rough terrain cranes.

6. Kobelco Construction Equipment India Pvt Ltd

Kobelco Construction Equipment India Pvt Ltd is a subsidiary of the Japanese multinational company, Kobe Steel Group. The company offers a wide range of construction and material handling equipment including crawler cranes, hydraulic excavators, and wheel loaders.

7. Liebherr India Private Limited

Liebherr India Private Limited is a subsidiary of the German multinational company, Liebherr Group. The company's mobile crane division offers a variety of products such as all-terrain cranes, crawler cranes, and truck-mounted cranes.

8. Manitowoc Cranes India Pvt Ltd

Manitowoc Cranes India Pvt Ltd is a subsidiary of the American multinational company, The Manitowoc Company, Inc. The company offers a wide range of cranes such as lattice boom crawler cranes, telescopic crawler cranes, and rough terrain cranes.

9. Terex India Pvt Ltd

Terex India Pvt Ltd is a subsidiary of the American multinational conglomerate, Terex Corporation. The company offers various types of cranes including truck-mounted cranes, all-terrain cranes, and rough terrain cranes.

10. Action Construction Equipment GmbH

Action Construction Equipment GmbH is a subsidiary of Action Construction Equipment Ltd. The company was established in 2015 to expand its global presence in the crane market. It offers a wide range of cranes such as crawler cranes, mobile tower cranes, and loader cranes.

The Indian crane market has seen significant growth over the years, thanks to the booming construction industry and various government initiatives promoting infrastructure development. These top 10 manufacturing companies have played a crucial role in this growth by providing high-quality and technologically advanced cranes to meet the increasing demand.

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