The Union government has approved a plan to develop a world-class marina at Mumbai Harbour at an estimated cost of Rs 887 crore, marking a major push to strengthen maritime tourism and coastal infrastructure in the country.
According to an official statement issued on Thursday, the project will be implemented through a hybrid development model. Under this structure, the Mumbai Port Authority will invest around Rs 470 crore to build the core marina infrastructure on an EPC (engineering, procurement and construction) basis. In comparison, a private operator will develop onshore facilities with an estimated investment of Rs 417 crore.
The Ministry of Ports, Shipping and Waterways has approved the port authority’s investment, and tenders for the project have already been floated. Bids are scheduled to close on December 29, 2025.
Planned over nearly 12 hectares of water area, the marina will have the capacity to berth 424 yachts of up to 30 metres in length. The marine infrastructure will include an approach trestle, a piled breakwater, service platforms, pontoons and gangways, designed to ensure safe and efficient yacht operations.
The project is expected to generate more than 2,000 jobs across marina operations, cruise services, hospitality and allied activities, while also facilitating greater private sector participation in coastal infrastructure development. It is also aimed at improving public access to the waterfront and strengthening Mumbai’s position as a key hub for maritime tourism and cruise traffic.
Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal said the marina will create world-class infrastructure, open up the waterfront for public use, attract private investment and generate new employment opportunities. He added that the project will help position Mumbai as a global maritime tourism hub while advancing India’s broader blue economy goals.
The approval comes close on the heels of the inauguration of the Mumbai International Cruise Terminal, India’s largest, and the signing of infrastructure MoUs worth Rs 5,700 crore at the upcoming Vadhavan Port, underscoring the government’s focus on expanding cruise and maritime tourism infrastructure.
