Anti-dumping duty on Chinese cranes not notified
DGTR recommended anti-dumping duty on Chinese cranes in September, but finance ministry has not notified it yet, delaying protection against predatory pricing.
ACE / Q3-FY26 / risks
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Action Construction Equipment · Material risks, their source context, and severity in the latest available quarter.
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Material risks this quarter
high
Chinese competition in heavy cranes
Chinese players remain aggressive in truck cranes and crawler cranes with predatory pricing, limiting ACE's market share despite having capacity.
Slow execution of government orders
Defense and telehandler orders faced procedural delays; execution ramp-up is uncertain.
JCB dominance in backhoe loaders
JCB's strong NBFC relationships and resale value perception hinder ACE's market share growth in backhoe loaders.