Sanghvi Movers Ranked 5Th Largest Crane Rental Company Globally In 2025 IC Index

(MENAFN- Market Press Release) February 18, 2026 4:20 am - Sanghvi Movers Limited ranked 5th largest crane hire company globally. With 400+ cranes up to 1600 MT, SML powers wind, metro and refinery projects across India & Middle East, driven by its Elevate 2030 vision and 35+ years of engineering excellence.

PUNE, INDIA – February 17, 2026 – Sanghvi Movers Limited (SML), India's leading crane rental and engineering solutions provider, has once again cemented its status as a global heavyweight in the infrastructure sector. In the latest rankings released by International Cranes in June 2025, SML secured the prestigious position of the 5th largest crane rental company in the world. This milestone underscores the company's unyielding dominance as the largest crane rental fleet in Asia and India, marking over three decades of operational excellence and strategic growth.

For 35 years, Sanghvi Movers has been the backbone of India's most critical infrastructure projects, from the erection of colossal wind turbines to the construction of metro rail networks and the expansion of mega-refineries. The company's ascent to the top 5 global ranking is a testament to its aggressive capital expenditure, meticulous asset maintenance, and a forward-looking strategy dubbed "Elevate 2030."

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Asia's Largest Fleet: Precision Engineering up to 1600 MT

At the core of SML's global standing is its massive, versatile fleet of over 400 medium-to-large-sized cranes. Unlike many competitors who focus on light-duty lifting, Sanghvi Movers has carved a niche in the high-tonnage segment. The fleet comprises state-of-the-art hydraulic telescopic and crawler cranes with lifting capacities ranging from 18 MT to a staggering 1600 MT.

This capability to deploy cranes of up to 1600 MT is a critical differentiator in today's market. As industrial components specifically in the wind energy and petrochemical sectors grow larger and heavier, the demand for "super-lift" capabilities has surged. SML's inventory includes specialized equipment such as crawler cranes with lattice booms, luffing jibs, and derrick attachments, enabling them to execute complex lifts in constrained environments where precision is paramount.

The company's strategic fleet management ensures that it can cater to diverse terrain and project requirements across the Indian subcontinent and the Middle East. Whether it is a rough-terrain project requiring crawler cranes or a rapid-mobilization job suited for all-terrain telescopic boom cranes, SML provides a "one-stop-shop" solution for heavy lifting.

Powering Critical Sectors: Beyond Rental

While SML's roots are in equipment rental, its recent trajectory has seen a pivot toward becoming a comprehensive engineering solutions provider. The company has played a pivotal role in India's renewable energy transition. In the wind energy sector, SML is not just a rental agency but a full-spectrum partner, offering Turnkey EPC (Engineering, Procurement, and Construction) solutions. This includes the entire lifecycle of wind turbine erection from logistics and ground preparation to the final heavy lift optimizing efficiency for Independent Power Producers (IPPs) and OEMs.

Recent project highlights demonstrate this operational prowess. In Gujarat, SML's high-capacity crawler cranes recently executed a record number of wind turbine erections, accelerating the state's renewable energy targets. In Maharashtra, the company deployed its heavy-lift fleet for a major refinery expansion, executing critical lifts of reactors and columns with zero downtime. Similarly, in the urban infrastructure space, SML's cranes have been instrumental in the rapid construction of the Delhi NCR Metro, handling heavy pre-cast concrete segments with safety and precision.

Elevate 2030: A Vision for the Future

The global ranking comes as Sanghvi Movers accelerates its "Elevate 2030" strategy, a roadmap designed to transform the company into a future-ready, multi-vertical enterprise. This vision focuses on four key pillars: Digital Transformation, Global Expansion, Sustainable Practices, and Human Capital.

"Elevate 2030 is not just about growing our fleet; it is about redefining how we deliver value," said Mr. Rishi C. Sanghvi, Managing Director of Sanghvi Movers Limited. "Being ranked 5th globally is a proud moment for India and for every member of the SML family. It validates our commitment to world-class safety standards and operational efficiency. As we look to the future, we are integrating advanced digital frameworks to offer real-time project tracking and fleet optimization, ensuring our clients experience seamless service delivery."

The strategy also emphasizes "Safety as a Value." SML has maintained an impeccable safety record, recognized by multiple national awards. The company invests heavily in training its manpower, operating an in-house training center that ensures every operator and rigger meets international safety standards. This dedication to "People First" has resulted in a highly skilled workforce capable of handling the most technically demanding lifts in the industry.

Financial Strength and Investor Confidence

SML's operational success is mirrored by its robust financial performance. The company has consistently delivered value to its shareholders, maintaining a strong balance sheet that allows for continuous fleet renewal and technology upgrades. The recent "Quantum Leap" in financial metrics is attributed to high asset utilization and the successful penetration of new business verticals, including heavy logistics and general plant maintenance.

As India pushes towards a $5 trillion economy, the demand for infrastructure development is set to skyrocket. With its globally ranked fleet, experienced leadership, and strategic clarity, Sanghvi Movers Limited is uniquely positioned to lead this growth, lifting the nation's dreams one project at a time.

About Sanghvi Movers Limited

Sanghvi Movers Limited (SML) is the largest crane rental company in India and Asia, and the 5th largest globally. Headquartered in Pune, Maharashtra, the company was incorporated in 1989 and is listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). SML specializes in providing hydraulic and crawler cranes to various industries including Wind Energy, Power, Steel, Cement, Refineries, and Metro Railways. With a fleet of 400+ cranes and a depot network across the country, SML is the preferred partner for heavy lifting and project logistics in the region.

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Corporate Communications
Sanghvi Movers Limited
Survey No. 92, Tathawade,
Taluka Mulshi, Pune - 411033
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Phone: +91-20-66744700
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