KMEW Expands Maritime Footprint with 15-Acre Land Acquisition in Saphale, Maharashtra
KMEW acquires 15 acres prime waterfront land at Saphale, Maharashtra
Business Standard
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Knowledge Marine & Engineering Works (KMEW) has acquired approximately 15 acres of prime waterfront land in Saphale, Palghar district, Maharashtra, aimed at enhancing its shipbuilding capabilities. The site, near the Vadhvan Port, offers significant advantages for future maritime infrastructure development.
- 01KMEW acquired ~15 acres of waterfront land in Saphale, Maharashtra.
- 02The acquisition enhances KMEW's capabilities in sustainable shipbuilding.
- 03The site is strategically located near the upcoming Vadhvan Port.
- 04It features ~188m of waterfront access and a natural slipway.
- 05The development supports scalable maritime infrastructure.
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Knowledge Marine & Engineering Works (KMEW) has announced the acquisition of approximately 15 acres of prime waterfront land in Saphale, Palghar district, Maharashtra. This acquisition, executed through its subsidiary Knowledge Shipyard, is a significant move towards KMEW's transformation into a technology-driven and sustainable shipbuilding enterprise. The site, located along the Vaitarna River and near the forthcoming Vadhvan Port, provides excellent multimodal connectivity and natural marine advantages. Key features include approximately 188 meters of waterfront access, a natural slipway with a 6-meter high-tide draft, and a robust river width that facilitates efficient vessel movement. This development positions KMEW to establish a dedicated platform for scalable and future-ready maritime infrastructure.
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This acquisition is expected to boost local employment opportunities and enhance the maritime industry in the region.
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