TEMBO Defence Receives Comfort Letter from MIDC for 100 Acres Arms and Ammunition Manufacturing Facility in Amravati, Maharashtra

TEMBO Defence, a wholly owned subsidiary of TEMBO Global Industries Limited (NSE: TEMBO), is pleased to announce that it has received a comfort letter from the Maharashtra Industrial Development Corporation (MIDC) for the allocation of 100 acres of land in Amravati, near Nagpur, Maharashtra.

This strategic acquisition marks a significant milestone in the company's expansion plans to establish a state-of-the-art manufacturing facility dedicated to the production of arms and ammunition. The new facility will bolster TEMBO Defence's capabilities to support India's defence sector, enhance domestic manufacturing, and contribute to the government's vision of self-reliance under both the "Make in India" and "Atmanirbhar Bharat" initiatives.

Mr. Sanjay J. Patel, Managing Director of Tembo Global Industries Ltd., expressed his enthusiasm about this development, stating: "This land allocation is a monumental step towards our vision of contributing to India's self-reliance in the defence manufacturing sector. The upcoming facility will not only create significant employment opportunities in the region but also play a pivotal role in strengthening India's defence infrastructure. We are deeply thankful to MIDC for their support and look forward to accelerating our efforts in this new vertical with a strong focus on innovation, precision, and national service."

TEMBO Defence Group's expansion in Amravati aligns with its long-term vision to strengthen India's defence manufacturing capabilities and create employment opportunities in the region.

Source : Equity Bulls

Keywords

TemboGlobalIndustries TEMBODefence LandAllocation 100Acres Amravati Nagpur MIDC