Crown Lifters Limited has announced the purchase of a brand-new 260 MT crawler crane, reinforcing its position in India’s growing construction equipment rental market. The crane, with an estimated purchase value of ₹5.78 crores, is expected to be delivered by the end of February 2025 from Mumbai, Maharashtra. The company has already secured a contract for its deployment starting in the first week of March 2025.
This latest acquisition brings Crown Lifters’ total capital expenditure on cranes for the current financial year to approximately ₹60.36 crores, reflecting its strategic investment in fleet expansion. The company’s move aligns with the surging demand for mid-size construction equipment on a rental basis across key sectors such as refineries, cement, steel, solar, ports, airports, and metro/bullet train projects.
With infrastructure development and industrial expansion driving the need for high-capacity lifting solutions, Crown Lifters remains committed to enhancing its fleet to better serve India’s evolving construction landscape.