Tembo Global signs MoU with Belgium's Lachaussee for ammo plant

Tembo Global signs MoU with Belgium's Lachaussee for ammo plant — Tembo Global Industries has signed an MoU with Belgium’s Lachaussee SA to set up an advanced ammunition production line in India. The collaboration aims to boost domestic defense manufacturing capabilities and tap into growing demand. Financial terms and investment size not disclosed.

📊 STOCKS: $TEMBOGLOBAL | 🏢 SECTOR: Corporate | #MEDIUMIMPACT #Defense