The Union government has approved a project for the development of a world-class marina in Mumbai Harbour, named ‘Viksit Bharat Mumbai Marina’, with an estimated cost of ₹887 crore. The project aims to transform Mumbai into a premier global destination for yachting and maritime tourism while boosting India’s blue economy.
Announced on December 18, 2025, by the Ministry of Ports, Shipping and Waterways, the initiative aligns with Prime Minister Narendra Modi’s vision for high-standard tourism infrastructure and maritime growth, as outlined in national frameworks like Maritime India Vision 2030, Maritime Amrit Kaal Vision 2047, Sagarmala Programme, and Cruise Bharat Mission.
The marina, spanning nearly 12 hectares of water area, will have facilities to accommodate 424 yachts up to 30 metres in length. Marine infrastructure to be developed under this project will include an approach trestle, piled breakwater, service platforms, pontoons and gangways designed to support safe and efficient yacht operations.
Onshore facilities to be developed include a marina terminal building, a Namo Bharat International Sailing School, a maritime tourism development centre, hotel and clubhouse facilities, a skill development centre, and yacht stacking and repair infrastructure facilities.
The project will be developed under a hybrid model, Mumbai Port Authority will invest approximately ₹470 crore in core marine infrastructure on an Engineering, Procurement, and Construction (EPC) basis. A private operator will contribute around ₹417 crore to develop the onshore facilities. Tenders for the project have already been floated, with bids set to close on December 29, 2025.
The ministry said that the project aligns with key national frameworks such as Maritime India Vision (MIV) 2030, Maritime Amrit Kaal Vision (MAKV) 2047, the Sagarmala Programme and the Cruise Bharat Mission, as well as the Port Master Plan 2047 of Mumbai Port Authority.
As per the ministry, the marina project is expected to generate over 2,000 jobs across marina operations, cruise services, hospitality and allied activities, while facilitating private sector participation in coastal infrastructure. It is also aimed at improving public access to the waterfront and strengthening Mumbai’s position as a major hub for maritime tourism and cruise traffic.
Mumbai’s waterfront is set for a major upgrade!
— Sarbananda Sonowal (@sarbanandsonwal) December 18, 2025
Glad to announce that GoI has approved the ₹887 Cr Viksit Bharat Mumbai Marina, a project rooted in the transformative vision of Hon'ble PM Shri @narendramodi Ji.
This world-class infrastructure will:
✅Transform Mumbai into a… pic.twitter.com/OXS0XqdN4P
Union Minister for Ports, Shipping and Waterways, Sarbananda Sonowal, hailed the approval as a significant milestone. He said, “This approval of the ‘Viksit Bharat Mumbai Marina’ marks an important step in our efforts to strengthen coastal shipping and maritime tourism. Guided by the vision of Prime Minister Narendra Modi ji, the project will create world-class infrastructure, open the waterfront for public use, encourage private investment and generate new employment opportunities. It will help position Mumbai as a global maritime tourism hub while advancing India’s broader blue economy goals.”
He added, “This project reflects PM Narendra Modi ji’s vision of positioning Mumbai as a global marina destination. The project will strengthen maritime tourism, attract private investment and create over 2,000 jobs across allied sectors, while opening new opportunities in coastal and blue economy activities.”
