Action Construction Equipment has been a key beneficiary of the country's rapid infrastructure buildout
(From left) Sorab Agarwal, whole time director, Mona Agarwal, whole time director and Vijay Agarwal, chairman and managing director, ACE
Image: Madhu Kapparath
By 1995, Vijay Agarwal had spent over a decade working for Escorts. By his own admission, he felt “stifled” within the company. Escorts had not gone anywhere for a while and its employees were just doing the same thing day in and out. Agarwal wanted an exit ramp and worked on getting out quickly.