The Union government has cleared a Rs 887-crore plan to develop a world-class marina in Mumbai Harbour, a move aimed at boosting coastal shipping, maritime tourism and waterfront development in India’s financial capital. The project, called the ‘Viksit Bharat Mumbai Marina’, has been approved by the ministry of ports, shipping and waterways and is aligned with the Centre’s broader blue economy push.
What is the Mumbai Marina project ?
The proposed marina will be developed over nearly 12 hectares of water area in Mumbai Harbour. It will have the capacity to berth 424 yachts of up to 30 metres in length, making it one of the major such facilities in the country.

The project is designed to place Mumbai firmly on the global maritime tourism map, according to official statements.
How much will it cost, and who will invest?
The total project cost is estimated at Rs 887 crore. The Mumbai Port Authority will invest around Rs 470 crore to build the core marine infrastructure on an EPC basis. The remaining Rs 417 crore will be invested by a private operator, who will develop the onshore facilities. Tenders have already been floated and bids are scheduled to close on December 29, 2025.
What infrastructure will be created?
The marine side will include an approach trestle, piled breakwater, service platforms, pontoons and gangways to ensure safe yacht operations.

Onshore, the private developer will build a marina terminal, a Namo Bharat International Sailing School, a maritime tourism development centre, hotel and clubhouse facilities, a skill development centre, and yacht repair and stacking infrastructure.
Why is the project important?
Union minister Sarbananda Sonowal said the marina will “create world-class infrastructure, open the waterfront for public use, encourage private investment and generate new employment opportunities”. The project is expected to create over 2,000 jobs across marina operations, hospitality, cruise services and allied sectors, as per news agency PTI.
How does it fit into national plans?
The marina aligns with key national frameworks, including Maritime India Vision 2030, Maritime Amrit Kaal Vision 2047, the Sagarmala Programme and the Cruise Bharat Mission, strengthening Mumbai’s role as a major maritime and tourism hub.