TEMBO Defence plans small arms ammo unit in Amravati
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Nagpur: After emerging as a hub for making ammunition for big guns, Vidarbha may soon have a factory making bullets for small weapons like rifles and pistols.
TEMBO Defence, a subsidiary of TEMBO Global, which has interests in textiles, engineering products, and solar power, has been allotted a comfort letter by Maharashtra Industries Development Corporation to allot 100 acres of land in Amravati.
The project would entail an investment of Rs1,000 crore for which it already entered into an MoU with the state govt.
The parent company was incorporated in 2010 and is a listed entity. It has been learnt that TEMBO Defence plans to start a small arms ammunition manufacturing facility at Amravati.
It was learnt that the company entered into a tie-up with a global company famous for it handguns and rifles. TEMBO is expected to make both weapons and the rounds to be fired through them in India, said sources.
The guns are expected to be made at its fabrication unit, and a separate unit for making bullets would be set up at Amravati.
A PowerPoint presentation made for investors, shared with TOI, says it has entered into a strategic partnership with a European company, without naming it. Under this, the foreign partner will be buying 100% of the production output. An MoU was signed for establishing a state-of-the-art arms and ammunition manufacturing plant in India.
With the presence of Ordnance Factories and private units, Nagpur and Chandrapur have already emerged as a hub for making ammunition used in artillery and armoured systems. This would be the first-ever bullet-making unit in the region. The OFs at Varangaon and Kirkee near Bhusawal and Pune, respectively, make small ammunitions too. The company's director, Sanjay Patel, said the allotment of land is a major step towards its long-term goals.
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