9NOVEMBER, 2025for a duration of seven years, as well as one GTTP-compliant Battery Operated Harbour Tug for fifteen years.Additionally, the agreements involve the chartering and hiring of two dock tugs and two Security Patrol Boats for seven years, and facilitating the Maharashtra Maritime Board in extending support through the provision of shipbuilding and ship repair facilities.Knowledge Marine & Engineering Works Limited (KMEW) was established in 2015 and specializes in Dredging, Owning, Operating, and Chartering Port Ancillary Crafts. With over 75 years of combined experience among its promoters in the dredging sector, the Company has evolved from a modest ship repair facility to a significant player in the dredging industry across three nations: India, Myanmar, and Bahrain.KMEW was founded and is promoted by five young professionals, with an average age of 36 years, holding advanced degrees in Naval Architecture and Marine Engineering, Marine Mechanical Engineering, Mechanical Engineering, Company Secretaryship, Law, Management, and Chartered Accountancy.With the backing, guidance, and counsel of the Non-Executive Directors, Independent Directors, senior management, site management, and offshore personnel (the second and third tiers of the organization), we are well-prepared to tackle any challenges that may arise. Over the past decade, our team has expanded from five to over 450 members. KNOWLEDGE MARINE INKS 1,560 CR PORT AUTHORITY DEALSKnowledge Marine & Engineering Works has an-nounced the execution of several significant Memo-randa of Understanding (MoU) with the Mumbai Port Authority, V. O. Chidambaranar Port Authority, and the Maha-rashtra Maritime Board, amounting to 1,560 crore during the India Maritime Week 2025, which took place in Mumbai from 27 October to 31 October 2025.These MoUs encompass the provision of a range of services within the Maritime Industry, including Chartering, Manning, Operation, Maintenance, and comprehensive Technical Management of six conventional Harbour Tugs AWL AGRI BUSINESS TARGETS 30% GROWTH FROM PACKAGED FOODSAWL Agri Business is shifting focus toward its higher-margin packaged foods segment as it looks to reduce reliance on the volatile edible oil market. The company aims to grow the category's share of total volume from 20 percent to 30 percent within five years, according to its newly appointed Managing Director and CEO, Shrikant Kanhere."Food remains a high focus for us because it offers a better margin profile than edible oil," Kanhere said in an interview on Monday. The move aligns with industry peers like Marico, which has been expanding its Saffola brand into oats, muesli, and soya nuggets to capture the growing market for branded staples.Government data revealed that oils and fats inflation averaged between 18 percent and 21 percent in the September quarter the highest among food and beverage categories, as prices remained elevated for nearly a year.Kanhere, who took charge from Angshu Mallick on Tuesday, said the company expects its foods business to drive a stronger balance, helping cushion the impact of price swings in edible oils. The maker of Fortune products anticipates a 10 percent revenue growth in the second half of the fiscal year, supported by wider product availability and a stronger retail presence.Currently reaching around 900,000 retail outlets, AWL Agri Business plans to expand that network to 1 million by next year. However, the forecast marks a slowdown from last year's 35percent surge, when soaring edible oil prices had lifted sales, while recent high prices have pushed some consumers toward cheaper options.
< Page 8 | Page 10 >