KMEW to launch River Pearl Cruise linking Statue of Unity & Omkareshwar

17 Oct 2025 CW Team

The LoA was formally presented at the Madhya Pradesh Travel Mart 2025 by Hon’ble Union Minister of Culture Gajendra Singh Shekhawat, Chief Minister Dr. Mohan Yadav, and Minister of State for Tourism Dharmendra Bhav Singh Lodhi.

The River Pearl Cruise, a 70-metre twin-hull luxury catamaran, is scheduled to launch within 21 months, following the signing of a detailed agreement with MPTB. It will connect two national landmarks—the Statue of Oneness at Omkareshwar and the Statue of Unity—through a three-day voyage offering world-class hospitality, fine dining, and cultural experiences.

The route will showcase cultural workshops, temple visits, nature trails, kayaking, and eco-tourism activities, creating a blend of spiritual exploration and leisure. Designed for sustainability, the vessel will include 36 deluxe cabins, fine dining lounges, an infinity pool, a wellness centre, and hybrid propulsion with zero-discharge waste management systems.

Commenting on the development, Sujay Kewalramani, CEO, KMEW, said, “We are thrilled to embark on this journey into cruise tourism. This segment offers immense growth potential, with an estimated Rs 8,000 million in revenue over 20 years.”

The project, conceptualised under the MP Tourism Policy 2025, aims to promote eco-friendly tourism, generate local employment, and enhance connectivity along the Narmada riverfront. KMEW plans to introduce both luxury and budget cruise options, catering to domestic and international travellers seeking immersive experiences.

Knowledge Marine & Engineering Works Limited (KMEW) has received a Letter of Acceptance (LoA) from the Madhya Pradesh Tourism Board (MPTB) to build and operate a luxury cruise between Kukshi in Madhya Pradesh and the Statue of Unity in Gujarat along the Narmada River. The 20-year project covers a 135-km stretch and marks KMEW’s official entry into India’s maritime tourism sector. The LoA was formally presented at the Madhya Pradesh Travel Mart 2025 by Hon’ble Union Minister of Culture Gajendra Singh Shekhawat, Chief Minister Dr. Mohan Yadav, and Minister of State for Tourism Dharmendra Bhav Singh Lodhi. The River Pearl Cruise, a 70-metre twin-hull luxury catamaran, is scheduled to launch within 21 months, following the signing of a detailed agreement with MPTB. It will connect two national landmarks—the Statue of Oneness at Omkareshwar and the Statue of Unity—through a three-day voyage offering world-class hospitality, fine dining, and cultural experiences. The route will showcase cultural workshops, temple visits, nature trails, kayaking, and eco-tourism activities, creating a blend of spiritual exploration and leisure. Designed for sustainability, the vessel will include 36 deluxe cabins, fine dining lounges, an infinity pool, a wellness centre, and hybrid propulsion with zero-discharge waste management systems. Commenting on the development, Sujay Kewalramani, CEO, KMEW, said, “We are thrilled to embark on this journey into cruise tourism. This segment offers immense growth potential, with an estimated Rs 8,000 million in revenue over 20 years.” The project, conceptualised under the MP Tourism Policy 2025, aims to promote eco-friendly tourism, generate local employment, and enhance connectivity along the Narmada riverfront. KMEW plans to introduce both luxury and budget cruise options, catering to domestic and international travellers seeking immersive experiences.

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

Infrastructure Urban

06 Apr 2026

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

Infrastructure Energy

06 Apr 2026

G R Infraprojects Secures Rs 4,130 Million BESS Contract From NTPC

G R Infraprojects said it has secured a contract from NTPC to supply and implement a battery energy storage system (BESS) valued at Rs 4,130 million (mn). The company reported the order was awarded as part of NTPC's ongoing efforts to enhance grid flexibility and energy storage capacity. The contract represents a notable addition to the firm's project pipeline and underscores demand for utility scale storage solutions. The award is expected to strengthen G R Infraprojects' presence in the energy infrastructure sector and to contribute to the firm's order book and future revenues, subject to st..