Tembo Global Industries’ Subsidiary Secures Government Licence for Ammunition Manufacturing
Tembo Global Industries Limited
(NSE: TEMBO) recently announced that its subsidiary, Tembo Classic Engineering
Private Limited (TCEPL), has been granted a licence by the Ministry of Home
Affairs, Government of India, for the manufacture of ammunition of various
calibers.
This significant regulatory
approval marks a major milestone in the company’s strategic expansion into the
defence and security manufacturing sector. The licence authorizes TCEPL to
undertake manufacturing activities in accordance with applicable laws and
regulatory frameworks.
TCEPL, formerly known as Tembo
Defence Products Private Limited, is now well-positioned to commence commercial
production of arms and ammunition as per the planned schedule. This development
reinforces Tembo Global Industries’ commitment to contributing to India’s
vision of self-reliance in defence manufacturing under initiatives such as Atmanirbhar
Bharat and Make in India.
Commenting on the development,
Mr. Sanjay J. Patel, Managing Director, Tembo Global Industries Limited, said:
"The grant of this
licence is a landmark achievement for the Tembo Group and a significant step
forward in our journey to establish a strong foothold in India’s defence
manufacturing ecosystem. This approval not only validates our capabilities but
also strengthens our commitment to supporting the nation’s self-reliance
initiatives. We are excited to commence production and contribute meaningfully
to the defence and security sector with high-quality, reliable solutions."
The company believes this
milestone will enhance its long-term growth prospects while creating new
opportunities in the domestic and global defence markets.