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TodaySunday, May 10, 2026

Sanjay Awasthi

: Sanjay Awasthi, Chairman and Founder of Tembo Steels, stands confidently in his office—a symbol of quiet leadership and industrial ambition. From this modest space, he has led the rise of Uganda’s largest steel empire, grounded in innovation, sustainability, and a resolute belief in building from within.

Who is Sanjay Awasthi, the Quiet Billionaire Forging Uganda’s Green Steel Revolution at Tembo Steels?

In a region hungry for industrial transformation, one man is quietly forging a revolution. Sanjay Awasthi, the reclusive billionaire behind Tembo Steels, has built Uganda’s most advanced and environmentally conscious steel empire.
May 20, 2025
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President Yoweri Kaguta Museveni is conducted on a tour of the new Tembo Steels Direct Reduced Iron (DRI) Plant in Iganga by Chairman Sanjay Awasthi (in white t-shirt and cap) and General Manager Manish Kalla. The President, who commissioned the 250,000 TPY facility, hailed Awasthi for transforming Uganda’s steel industry and positioning the country as a leader in green, integrated steel manufacturing.

President Museveni Lauds Tembo Steels Founder for Transforming Uganda’s Steel Industry

President Museveni has praised visionary industrialist Mr. Sanjay Awasthi, the Chairman of Tembo Steels, for his transformative contribution to Uganda’s steel industry. This was as the President commissioned Tembo Steels one-of-a-kind 250,000-ton-per-year
April 18, 2025
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