Mumbai's Rs 887 crore marina project gets green light from Centre: All you need to know

The Ministry of Ports, Shipping, and Waterways (MoPSW) on Thursday cleared the ‘Viksit Bharat Mumbai Marina’, a Rs 887 crore marina project in the Mumbai Harbour.

The project will be funded by both the Mumbai Port Authority (MPA), which will develop core marina infrastructure at an investment of Rs 470 crore (on an EPC basis), and a private operator, who will pour in Rs 417 crore towards developing the marina's onshore facilities.

“This approval of the ‘Viksit Bharat Mumbai Marina’ marks an important step in our efforts to ... create world-class infrastructure, open the waterfront for public use, encourage private investment and generate new employment opportunities," declared Sarbananda Sonowal, Union Minister, MoPSW.

"It will help position Mumbai as a global maritime tourism hub while advancing India’s broader blue economy goals," he added, noting that the project would create more than 2,000 jobs across marina operations, cruise services, hospitality and allied activities.

The MPA's investment has received approval, and tenders have already been issued. Bids are scheduled to close on December 29, 2025.

Spanning nearly 30 acres of water area, the world-class marina will have the capacity to berth 424 yachts (of up to 30m in length).

The marina's infrastructure will include an approach trestle (a type of support structure consisting of beams and supports), piled breakwaters (coastal structures that cut through larger waves before they reach the shore), service platforms, pontoons and gangways (floating structures used for launching, mooring, and accessing watercraft) designed to support safe and efficient yacht operations.

The onshore facilities that the private operator will build include a marina terminal building, a Namo Bharat International Sailing School, a maritime tourism development centre, hotel and clubhouse facilities, a skill development centre, yacht stacking, and repair facilities.

Aimed at improving public access to the waterfront and strengthening Mumbai’s position as a major hub for maritime tourism and cruise traffic, the project is in line with India's larger maritime goals under the Maritime India Vision 2030, the Maritime Amrit Kaal Vision 2047, the Sagarmala Programme, and the Cruise Bharat Mission, as well as the MPA's Port Master Plan 2047.