Pune, Maharashtra - July 24, 2026 (prfree.org) - Sanghvi Movers Limited (SML), a Pune-based crane rental and heavy-lift solutions provider, has been ranked third among the world's largest crane-owning companies in the IC100 2026 ranking published by International Cranes and Specialized Transport (IC), the industry benchmark compiled annually by KHL Group. The company moved up from fifth position in 2025, according to the publication. The ranking, based on total fleet tonne-metre numbers across more than 200 crane-owning companies worldwide, positions an Indian company among the top three in the sector for the first time, a milestone that company officials and industry commentators describe as significant for India's heavy engineering and infrastructure base.

Global Recognition in IC Index 2026

The IC100, compiled by KHL Group, ranks the world's largest crane-owning companies by aggregate lifting capacity and fleet composition. In the 2026 edition, Sanghvi Movers advanced two places to third, behind Netherlands-based Mammoet and Belgium-based Sarens, which retained the top two positions. According to the publication, SML's rise reflects continued fleet expansion and what the company describes as its transition into an international operator, with active operations now spanning India, Saudi Arabia, Qatar and Botswana. Industry reporting on the 2026 index noted that the overall IC100 total climbed by roughly 6 percent year-on-year, with Sanghvi Movers among the companies driving that growth.

Supporting India's Infrastructure Growth

Sanghvi Movers has built its position over more than three decades of operations across India's core infrastructure sectors. The company's advanced crane fleet, with capacities ranging from 40 to 1,600 metric tonnes, has been deployed on projects spanning renewable energy, steel, refineries and petrochemicals, metro rail, roads and bridges, ports, and manufacturing. SML has also been engaged in wind-energy installation work for close to two decades, and reports involvement in nuclear-sector construction projects, alongside thermal and hydro power assignments. The company operates 15 depots across India and holds approximately 175 acres of freehold land dedicated to crane parking and maintenance, according to its investor disclosures.

Engineering Expertise Behind the Achievement

Company representatives attribute the ranking to the work of its engineering and operations personnel, including crane operators, technicians, and project engineers, alongside a safety framework certified under ISO 9001, ISO 14001 and ISO 45001 standards. SML has also entered into a memorandum of understanding with ACE (Action Construction Equipment), a step the companies have said is intended to support domestic crane production capacity. The company has described customer trust and long-term project relationships across sectors including cement, fertilizers and construction as central to its operating model.

International Expansion and Future Vision

SML's climb in the global rankings coincides with the rollout of its five-year strategic plan, Elevate 2030, which the company has said is built around global expansion, product portfolio diversification, scalable digital framework, customer-centric approach, robust financial growth, and a people-first culture. Under the plan, SML has established Sanghvi Movers Middle East Limited in Saudi Arabia, commenced operations in Qatar, and incorporated a subsidiary in Botswana targeting the region's mining and industrial infrastructure needs. In investor communications, the company's management has laid out a strategic plan to rank among the top three global crane rental companies, and this year's IC100 ranking suggests SML is already closing in on that target in at least one measure. The company has also outlined plans to expand its Saudi Arabia fleet, alongside continued investment in digital fleet-management tools and predictive maintenance systems as part of the Elevate 2030 roadmap.

Industry Impact

For India's heavy engineering sector, an Indian company's rise to third place in a global index historically dominated by European and Middle Eastern operators is being read by industry observers as a marker of the country's expanding industrial base and its infrastructure investment cycle, spanning renewable energy, metro rail expansion, and industrial capacity additions in steel and cement. It also signals the growing international competitiveness of Indian heavy-lift and engineering services beyond the domestic market.

Executive Statement

"This recognition reflects the work of our engineers, crane operators, technicians and customers who have been part of our growth over more than three decades," a senior spokesperson for Sanghvi Movers Limited said. "Being ranked among the top three crane rental companies globally reinforces our commitment to supporting infrastructure development in India and in the international markets where we now operate."

The IC100 2026 ranking marks a milestone for Sanghvi Movers Limited and, the company says, for India's broader heavy engineering and infrastructure industry. SML has indicated it will continue to invest in fleet modernization, safety systems and digital infrastructure as it pursues its Elevate 2030 objectives, while continuing to serve customers across India's core infrastructure and industrial sectors.

For more details, visit Sanghvi Movers Limited: https://sanghvicranes.com

About Sanghvi Movers Limited

Sanghvi Movers Limited (SML), headquartered in Pune, Maharashtra, is a crane rental and heavy-lift solutions provider incorporated in 1989 and listed on the BSE and NSE since 1995. The company operates a fleet of truck-mounted and crawler cranes with capacities ranging from 40 to 1,600 metric tonnes, supporting projects in renewable energy, power, steel, cement, refineries, metro rail, ports and manufacturing across India. SML operates 15 depots nationwide and holds ISO certifications for quality, environmental and occupational health and safety management. Under its Elevate 2030 strategy, the company has expanded operations into Saudi Arabia, Qatar and Botswana.

Media Contact:

Corporate Communications

Sanghvi Movers Limited

Survey No. 92, Tathawade,

Taluka Mulshi, Pune - 411033

Email: [email protected]

Phone: +91-20-66744700 / +966 59 705 9690

Website: https://sanghvicranes.com/