Bajaj Indef Soars to New Heights: Acquires Majority Stake in Daedalus Lift
Bajaj Indef, a prominent player in material handling solutions, has significantly expanded its operations. The company announced the acquisition of an 80% equity stake in Daedalus Lift & Access Equipments Pvt. Ltd. on August 2, 2025.
This strategic move marks Bajaj Indef’s foray into the burgeoning access equipment market. Daedalus, a leader in Aerial Work Platforms (AWPs) and Mobile Elevating Work Platforms (MEWPs), brings significant expertise to the table.
The acquisition perfectly complements Bajaj Indef’s ambitious Vision 500 growth strategy. This expansion is expected to bolster their market position and cater to the increasing demand for advanced access solutions.
This strategic partnership promises to revolutionise the Indian infrastructure and construction sectors. The combined strength of both companies will likely lead to innovative solutions and improved safety standards across various industries. The deal underscores the growing importance of specialized equipment in India’s rapid infrastructure development.
