Knowledge Marine & Engineering Works Limited announced the acquisition of ~15 acres of waterfront land in Saphale, Maharashtra, for a new shipyard. Executed via its subsidiary, Knowledge Shipyard Private Limited, the site features 188m waterfront access and a natural slipway. This strategic move establishes a platform for scalable, future-ready maritime infrastructure and sustainable shipbuilding.
Knowledge Marine & Engineering Works Limited acquired ~15 acres of prime waterfront land at Saphale, Maharashtra, for a new shipyard hub. The facility, executed through its subsidiary, will support phased expansion into shipbuilding and repair. This strategic move aligns with India's Maritime Vision 2030 to capitalize on indigenous maritime demand.