History & Evolution
Tembo Global Industries Limited (previously known as Saketh Exim Limited) was co-founded in 2010 in India by Sanjay Patel and Shabbir Merchant.
Tembo Global is a fast-growing Indian multinational with a diversified presence across multiple industries. Tembo Global specializes in manufacturing high-quality metal products, Engineering Projects, processing and supplying yarn. Tembo Global is now gearing up to enter the solar energy & defence sector. In a relatively short span, the company has demonstrated remarkable growth, establishing itself as a key player across multiple industries.
Tembo Global is a publicly traded company on the National Stock Exchange (NSE).. With operations spanning over 27 countries, Tembo Global continues to expand its global footprint, driven by innovation, excellence, and a commitment to delivering world-class solutions.
2010: Incorporation of Saketh Exim Private Limited
Saketh Exim Private Limited was incorporated, marking the beginning of its journey in domestic trading and exports.
2011: Establishment of Office Infrastructure
The Company constructed its office building at Plot No- PAP D-146/147, MIDC, TTC Industrial Area, Turbhe, Navi Mumbai-400705.
2012: Collaboration for Manufacturing Expansion
The Company partnered with B.M. Electro Mechanicals to manufacture pipe hangers and support systems, strengthening its industrial capabilities.
2013: UL Certification and Production Capacity Expansion
The Company obtained its first UL certification, enabling access to international markets seeking UL-certified products. Additionally, production capacity was increased.
2014: Market Expansion in Gulf Countries
The Company secured multiple approvals for material supply in Gulf countries, driving sales growth and opening new opportunities. The product portfolio was expanded with the introduction of U-bolts.
2015: FM Approval Certification & Product Line Expansion
The Company became the first in India to receive International FM Approval certification. The product range was further diversified with the introduction of rubber support inserts.
2016: Expansion into Electroplating & Threaded Bar Manufacturing
The Company entered the electroplating and threaded bar manufacturing sector and earned the prestigious Star Export House Certification. Production for pipe hangers surged by 70%.
2017: Growth in the USA & UK Markets
The Company expanded its customer base in the U.S.A. and the United Kingdom while introducing beam clamps, dielectric unions, and slotted channels to its product line.
2018: MSS Certification & IPO Launch
The Company obtained MSS certification and expanded its product portfolio by adding fasteners. A new 20,000 sq. ft. manufacturing facility was launched for products like beam clamps, dielectric unions, and slotted channels. Additionally, the Company debuted on the SME Board of NSE with an IPO issuance of 13,68,000 shares.
2019: Global Market Expansion & Zinc Flake Dies Manufacturing
The Company participated in international exhibitions such as OTC (USA), ISH (Germany), and HVAC-R (Egypt) to expand its global presence. A Zinc Flake Dies Manufacturing Unit was also established.
2020: Rebranding to Tembo Global Industries Limited
To align with its growing international presence, the Company was renamed Tembo Global Industries Limited. It also secured UL/FM approvals for beam clamps and obtained ETA and NFPA approvals for fasteners & hangers. Additionally, Tembo Global LLC was incorporated in Egypt.
2021: Listing on NSE Main Board & Manufacturing Expansion
The Company was listed on the Main Board of NSE and acquired a 3.32-acre land parcel in Vasai to expand manufacturing operations, increasing production capacity from 15,000 MTPA to 90,000 MTPA.
2022: Establishment of a USA Subsidiary
The Company incorporated a wholly owned subsidiary, United Global Industries USA Inc., to strengthen its footprint in the U.S. market.
2023: Strategic Partnership & Entry into EPC Contracts
The Company formed a 75:25 strategic partnership with MASAH (Specialized Construction Co.) to expand its reach in the GCC, USA, and European markets. Additionally, it entered the EPC contract business, securing projects from Kalpataru, L&T, RDC-Maldives, and Tata Projects.
2024: Solar Power Project & Defence Manufacturing Expansion
The Company secured a Letter of Award (LOA) to develop a 120 MW solar power plant in Maharashtra under a 25-year Power Purchase Agreement (PPA) with MSEDCL. It also entered the Commercial & Industrial (C&I) solar segment with a 170 KW project. Furthermore, the Company signed an MOU with the Government of Maharashtra at WEF in Davos to establish a defence manufacturing unit, committing an investment of ₹1,000 crores over the next three years.