Mumbai’s Premier Marina Project Approved for ₹887 Crore to Enhance Maritime Tourism and Generate 2,000 Employment Opportunities

The Central government has sanctioned a project to establish a premier marina in Mumbai Harbour at an anticipated cost of ₹887 crore, as stated in an official release on December 18. The initiative will be executed through a hybrid development model, wherein the Mumbai Port Authority will allocate around ₹470 crore for building the essential marina infrastructure on an EPC basis, while a private operator will develop the onshore facilities with an estimated investment of ₹417 crore.

The ministry has approved the port authority’s funding, and tenders have been issued, with bids expected to close on December 29, 2025, according to the statement.

Spanning nearly 12 hectares of water area, the marina will be capable of accommodating 424 yachts of up to 30 meters in length.
The marine infrastructure will feature an approach trestle, a piled breakwater, service platforms, pontoons, and gangways designed to ensure safe and effective yacht operations.

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The statement noted that the project is anticipated to create over 2,000 jobs in marina operations, cruise services, hospitality, and related sectors, while encouraging private sector involvement in coastal infrastructure.

It also aims to enhance public access to the waterfront and bolster Mumbai’s status as a significant hub for maritime tourism and cruise traffic.

Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal, remarked that the project will establish world-class infrastructure, open the waterfront for public access, stimulate private investment, and create new job opportunities.

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