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 (“The Company”) was incorporated as a private sector enterprise, marking the beginning of its journey in domestic trading and exports
2011: Establishment of Office Infrastructure
The Company establishes its roots by developing and constructing its own office building at Plot No- PAP D-146/147, MIDC, TTC Industrial Area, Turbhe, Navi Mumbai-400705.
2012: Collaboration for Manufacturing Expansion
The Company collaborates with B.M. Electro Mechanicals to manufacture pipe hangers and support systems.
2013: UL Certification and Production Capacity Expansion
The Company receives its first UL certification (international third-party safety certification), boosting its reach in overseas markets seeking UL-certified products.
Additionally, the Company increased its Production Capacity.
2014: Market Expansion in Gulf Countries
The Company secures multiple approvals for material supply in Gulf countries, driving sales growth and unlocking new opportunities.
Additionally, the product portfolio expanded with the introduction of U-bolts.
2015: FM Approval Certification & Product Line Expansion
The Company obtains the International FM Approval certification for its product line, becoming the first Company in India to achieve this milestone. The product range also expanded with the introduction of rubber support inserts.
2016: Expansion into Electroplating & Threaded Bar Manufacturing
The Company expands into electroplating and threaded bar manufacturing while attaining the esteemed Star Export House Certification.
Production surges, increasing by 70% for pipe hangers.
2017: Growth in the USA & UK Markets
The Company grows its customer base in the U.S.A. and the United Kingdom and enhances its product line with beam clamps, dielectric unions, and slotted channels .
2018: MSS Certification & IPO Launch
The Company earns MSS certification and enhances its product portfolio by adding fasteners.
A new manufacturing facility spanning 20,000 sq. ft. is launched, featuring products like Beam Clamps, Dielectric Unions, and Slotted Channels.
In the same year, it debuts on the SME Board (Small and Medium-sized Enterprises) of the National Stock Exchange (NSE) with an IPO issuance of 13,68,000 shares.
2019: Global Market Expansion & Zinc Flake Dies Manufacturing
The Company actively participates in renowned global exhibitions such as OTC (USA), ISH (Germany), and HVAC-R (Egypt) to broaden its international customer base.
In addition, it sets up a Zinc Flake Dies Manufacturing Unit.
2020: Rebranding to Tembo Global Industries Limited
The Company renamed to “Tembo Global Industries Limited” to align with its expanding global presence. Further, it receives UL/FM approvals for Beam Clamps and obtained ETA and NFPA approvals for Fasteners & Hangers. Additionally, Tembo Global LLC gets incorporated in Egypt
2021: Listing on NSE Main Board & Manufacturing Expansion
The Company gets listed on the Main Board of NSE and acquires a 3.32-acre land parcel in Vasai to expand its manufacturing operations.
This expansion to increase production capacity to 90,000 MTPA, up from the previous 15,000 MTPA
2022: Establishment of a USA Subsidiary
The Company incorporates a wholly owned subsidiary, United Global Industries USA Inc., in the USA
2023: Strategic Partnership & Entry into EPC Contracts
Enters into a 75:25 strategic partnership with MASAH (Specialized Construction Co.) to expand product reach across the Gulf Cooperation Council (GCC), USA, and European markets.
The Company starts venturing into the EPC contract business and has procured the orders from Kalpataru, L&T, RDC-Maldives, Tata Projects etc.
2024: Solar Power Project & Defence Manufacturing Expansion
The Company secures a Letter of Award (LOA) to develop a 120 MW solar power plant in Maharashtra under a 25-year Power Purchase Agreement (PPA) with Maharashtra State Electricity Distribution Co. Ltd (MSEDCL).
Additionally, the Company enters the Commercial & Industrial (C&I) solar segment with a 170 KW project.
The Company signs a Memorandum of Understanding (MOU) with the Government of Maharashtra at the World Economic Forum (WEF) in Davos to set up a defence manufacturing unit, with an investment commitment of ₹1,000 crores over the next three years under Tembo Defence Products Private Ltd).
The Company has established another company (i.e. Tembo Global Infra Ltd) to leverage the company’s engineering expertise and expand into high-margin manufacturing, including ERW pipes and EPC services.