Archive · 19 Dec 2025
India Approves ₹887 Crore Mumbai Marina Project
The Indian government has approved a big project to build a fancy marina in Mumbai.
It's called the Viksit Bharat Mumbai Marina and will cost ₹887 crore.
The marina will have places for 424 yachts and lots of other cool stuff like a sailing school, a hotel, and places to fix yachts.
The government and private companies will work together to build it.
They hope it will create over 2,000 jobs and make Mumbai a top spot for yachting and tourism.
The project is part of India's plan to grow its maritime industry and make better use of its coastlines.
The Union government approved the ₹887 crore Viksit Bharat Mumbai Marina project in Mumbai Harbour.
The marina will span 12 hectares and accommodate 424 yachts up to 30 metres in length.
Facilities include a marina terminal, sailing school, tourism centre, hotel, clubhouse, and yacht repair infrastructure.
The project will be developed under a hybrid model with government and private investment, creating over 2,000 jobs.
The project aligns with national frameworks like Maritime India Vision 2030 and Cruise Bharat Mission.
- Who
- Union Government of India
- What
- Approval of a ₹887 crore project to build a world-class marina in Mumbai Harbour
- When
- Announced on December 18, 2025
- Where
- Mumbai Harbour, India
- Why
- To transform Mumbai into a premier global destination for yachting and maritime tourism, boosting India’s blue economy
- Project Name
- Viksit Bharat Mumbai Marina
- Estimated Cost
- ₹887 crore
- Location
- Mumbai Harbour
- Yacht Capacity
- 424 yachts up to 30 metres
- Job Creation
- Over 2,000 jobs
- Bid Closing Date
- December 29, 2025
- Key Facilities
- Marina terminal, sailing school, tourism centre, hotel, clubhouse, skill development centre, yacht repair infrastructure
