Navi Mumbai, India – Tembo Defence Products Pvt Ltd, a subsidiary of Tembo Global Industries Ltd, has formalized an agreement with the Government of Maharashtra in a key development for India’s defence manufacturing sector. The agreement involves a substantial investment of INR 1,000 crore, 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, Tembo Global Industries Ltd, shared his thoughts on the development: “We are excited to partner with the Government of Maharashtra in this landmark initiative. This INR 1,000 crore investment 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.
Image Source: Tembo Global Industries Ltd