The Union government has greenlit the development of a premier marina in Mumbai Harbour, with an estimated investment of ₹887 crore. This initiative will be executed through a hybrid model, where the Mumbai Port Authority will allocate approximately ₹470 crore for the core marina infrastructure, while a private operator will invest around ₹417 crore for onshore facilities. The port authority’s investment has received approval, and tenders are set to close on December 29, 2025.
Spanning nearly 12 hectares of water, the marina will accommodate 424 yachts, each up to 30 meters in length. Essential marine infrastructure will include an approach trestle, a piled breakwater, service platforms, pontoons, and gangways to ensure safe yacht operations. The project is anticipated to create over 2,000 jobs in various sectors, including marina operations and hospitality, while promoting private sector involvement in coastal infrastructure.
Union Minister of Ports, Shipping, and Waterways, Sarbananda Sonowal, emphasized that the project aims to enhance public access to the waterfront and solidify Mumbai’s status as a key maritime tourism hub. He noted that the initiative aligns with India’s broader blue economy objectives, fostering world-class infrastructure and new employment opportunities.
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