₹19.27 crore contract awarded to KMEW by Mumbai Port Authority for supplying two patrol boats.

Knowledge Marine & Engineering Works (KMEW) has been awarded a ₹19.27 crore contract by the Mumbai Port Authority to supply two patrol boats for security and VIP transport. This seven-year agreement marks KMEW's second significant order from the port, enhancing its operations at five major Indian ports. Following the announcement, KMEW's shares rose by 3.91%. The CEO highlighted the company's commitment to improving maritime security and efficiency.

September 20, 2024
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