The Mumbai Water Metro project aims to introduce ferries to ease traffic congestion, marking a significant advancement in India’s water transport. Chief Minister Devendra Fadnavis emphasized the state’s commitment to a sustainable system. A partnership with Norway’s Hyke AS will enhance infrastructure and develop advanced vessels, supporting the region’s growing transportation needs.
Authorities in Palghar district have approved compensation exceeding ₹2 crore per hectare for agricultural land acquired for the Vadhvan Port Project in Maharashtra. This initiative aims to enhance infrastructure, doubling the fixed market value for landowners, alongside a 100% solatium and applicable interest, significantly boosting local agricultural valuations.
Maharashtra is revolutionizing ferry services with digital ticketing on over 35 routes, launched by Chief Minister Devendra Fadnavis on September 30, 2025. This initiative, in partnership with Billeasy, simplifies the ticketing process via WhatsApp, enhancing public transport accessibility and efficiency while minimizing queues for commuters.
JNPA has launched its Integrated Vessel Traffic System (iVTS), moving away from the previous management by Mumbai Port Authority. This independent system aims to improve operational efficiency and maritime safety, tailored to the port’s specific needs. The initiative reflects JNPA’s commitment to modernizing facilities and enhancing navigation capabilities.
Mumbai is gearing up to be a major shipbuilding hub, with plans for “Made-in-Mumbai” passenger vessels and cruise ships. The state secured investments worth ₹55,719 crore to enhance shipbuilding and port infrastructure during the India Global Maritime Summit 2025. Initiatives aim to boost India’s maritime leadership and sustainability.
Abu Dhabi is set to invest $2 billion in Maharashtra’s ports and shipbuilding sector, marking a historic partnership. The Memorandum of Understanding, announced by Minister Nitesh Rane, focuses on shipbuilding, maritime transport, and port infrastructure. This collaboration aims to enhance Maharashtra’s maritime capabilities and attract further investments, supporting sustainable economic growth.
During a press conference on October 27, 2025, Maharashtra Chief Minister Devendra Fadnavis announced significant advancements in India’s maritime sector under Prime Minister Narendra Modi’s leadership. He highlighted the government’s Maritime Vision 2030, aiming to attract investments and enhance the industry, positioning Maharashtra as a premier shipbuilding destination.
On Monday, the Maharashtra government signed MOUs worth ₹56,000 crore to boost maritime infrastructure, including port expansions and shipyard constructions. Chief Minister Devendra Fadnavis emphasized the importance of these agreements for establishing Maharashtra as a maritime superpower, with significant investments planned for Dighi port and enhancements to water transport in Mumbai.
Maharashtra’s Fisheries Department plans to invest ₹1,800 crore to acquire 15 electric tugboats, aiming to replace its aging diesel fleet. Each E-tug, costing ₹120-130 crore, aligns with PM Modi’s vision for sustainable port technology. The initiative includes leasing to the Jawaharlal Nehru Port Authority, highlighting significant demand across India.
The 14th edition of INMEX SMM India commenced at the Bombay Exhibition Centre in Mumbai from September 10 to 12, 2025. Inaugurated by Minister Nitesh Rane, the event gathered global maritime experts to explore innovations and policies, with Maharashtra aiming to enhance its role as a leading maritime hub through strategic investments and policies.
During a recent inspection of new high-speed patrol boats at Bhaucha Dhakka, Maharashtra’s Minister for Fisheries and Ports, Nitesh Rane, highlighted the state’s commitment to maritime security. He stated that enhancing security is a top priority, with advanced boats set to deter illegal fishing and safeguard fishermen along the coast.
On June 16, 2025, Vadhvan Port Project Ltd. (VPPL) launched three initiatives to boost skill development and economic empowerment in the region. Attended by Maharashtra’s Chief Minister, Devendra Fadnavis, the event saw the introduction of a Custom Documentation course and a financial scheme for local die makers, enhancing community growth.
Maharashtra Fisheries and Ports Minister Nitesh Rane has directed officials to submit a water metro development plan for Mumbai within three months. The project aims to establish alternative transportation, with routes planned for key areas like Bandra and Navi Mumbai. Estimated at Rs 2,500 crore, it includes 29 terminals and affordable ticket pricing.
The Maharashtra government has launched a new shipbuilding policy to enhance maritime infrastructure and promote ship repair and recycling. The Maharashtra Shipbuilding, Ship Repair, and Ship Recycling Facility Development Policy 2025 aims to attract investments, create jobs, and reduce reliance on foreign shipyards, aligning with the central government’s Maritime India Vision 2030.
The Maharashtra State Cabinet has approved a pioneering policy to boost shipbuilding, repair, and recycling, making it India’s first comprehensive maritime framework. With targets of ₹6,600 crore in investments and 40,000 jobs by 2030, the initiative aims to position Maharashtra as a key hub in the maritime industry.
