In a key development for India's defence manufacturing sector, the Government of Maharashtra has formalized an agreement with Tembo Defence Products Private Limited, a subsidiary of Tembo Global Industries Limited. The agreement involves a substantial investment of Rs 10 billion, aimed at strengthening the defence sector in the state. This strategic move is expected to generate 300 new job opportunities, further solidifying Maharashtra's position as a key hub for defence manufacturing. Sanjay J. Patel, Managing Director of Tembo Global Industries Limited, shared his thoughts on the development: We are excited to partner with the Government of Maharashtra in this landmark initiative. This Rs 10 billon investments will not only enhance our defence manufacturing capabilities but will also create a substantial number of employment opportunities in the region. Our participation in the WEF in Davos highlights the global recognition of Tembo Defence Products and the important contributions we are making to strengthen India’s defence sector. We are fully committed to providing innovative, world-class solutions that serve the needs of our armed forces and contribute to national security. This partnership marks a significant step forward in India's defence sector, with a clear focus on innovation, job creation, and global competitiveness. Incorporated in 2010, Tembo Global Industries stands as a prominent entity in the industrial sector, specialising in the production and assembly of metal components for Pipe Support Systems, Fasteners, Anchors, HVAC, Anti-Vibration Systems, and Equipment for a range of installations including industrial, commercial, utility, and OEM. The company also engages in the trade of metal products that complement its manufacturing operations. The Company is a fabrication and installation specialist in ductile pipes, HDB pipes and fittings, and MS plate. Its products are certified and approved by Underwriter’s Laboratory Inc. (USA) and FM Approval (USA) for Fire Sprinkler System Installations. As an export-driven enterprise, Tembo has earned the distinction of a 2 Star Export House. In 2023, Tembo ventured into the EPC (Engineering, Procurement, and Construction) contracting arena, securing orders from prestigious infrastructure clients. Additionally, the Company has interests in the textile trading market. In 2024, the Company further diversified into manufacturing of defence products and entered into solar power.