Centre Clears Rs 8.87 Bn Plan for World-class Mumbai Marina

22 Dec 2025 CW Team

The proposed ‘Viksit Bharat Mumbai Marina’ has been cleared by the Ministry of Ports, Shipping and Waterways in line with the vision of Prime Minister Narendra Modi to create global-standard tourism destinations and strengthen the country’s maritime economy. The project is designed to open up Mumbai’s waterfront for public use while attracting private investment and generating large-scale employment.

Sarbananda Sonowal, Union Minister of Ports, Shipping & Waterways, Government of India, 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.”

The project will be executed through a hybrid development model. The Mumbai Port Authority will invest around Rs 4.70 billion to develop core marina infrastructure on an EPC basis, while a private operator will invest approximately Rs 4.17 billion to build onshore facilities. Tenders have already been floated, with bids scheduled to close on December 29, 2025.

Spread over nearly 12 hectares of water area, the marina will have berthing capacity for 424 yachts of up to 30 metres in length. Marine infrastructure will include approach trestles, breakwaters, service platforms, pontoons and gangways. Onshore facilities will comprise a marina terminal, Namo Bharat International Sailing School, maritime tourism centre, hotel and clubhouse, skill development centre, and yacht repair and stacking facilities.

Aligned with Maritime India Vision 2030, Maritime Amrit Kaal Vision 2047, Sagarmala Programme and Cruise Bharat Mission, the project is expected to generate over 2,000 jobs and strengthen Mumbai’s position as a leading maritime tourism hub.

The Union Government has approved a Rs 8.87 billion proposal to develop a world-class marina at Mumbai Harbour, a move expected to significantly boost coastal shipping, maritime tourism and waterfront-led urban development in India’s financial capital.The proposed ‘Viksit Bharat Mumbai Marina’ has been cleared by the Ministry of Ports, Shipping and Waterways in line with the vision of Prime Minister Narendra Modi to create global-standard tourism destinations and strengthen the country’s maritime economy. The project is designed to open up Mumbai’s waterfront for public use while attracting private investment and generating large-scale employment.Sarbananda Sonowal, Union Minister of Ports, Shipping & Waterways, Government of India, 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.”The project will be executed through a hybrid development model. The Mumbai Port Authority will invest around Rs 4.70 billion to develop core marina infrastructure on an EPC basis, while a private operator will invest approximately Rs 4.17 billion to build onshore facilities. Tenders have already been floated, with bids scheduled to close on December 29, 2025.Spread over nearly 12 hectares of water area, the marina will have berthing capacity for 424 yachts of up to 30 metres in length. Marine infrastructure will include approach trestles, breakwaters, service platforms, pontoons and gangways. Onshore facilities will comprise a marina terminal, Namo Bharat International Sailing School, maritime tourism centre, hotel and clubhouse, skill development centre, and yacht repair and stacking facilities.Aligned with Maritime India Vision 2030, Maritime Amrit Kaal Vision 2047, Sagarmala Programme and Cruise Bharat Mission, the project is expected to generate over 2,000 jobs and strengthen Mumbai’s position as a leading maritime tourism hub.

Real Estate

20 Feb 2026

Supreme Court Clears NBCC to Complete 16 Stalled Supertech Projects

In a significant relief to thousands of homebuyers, the Supreme Court of India has upheld the order of the National Company Law Appellate Tribunal (NCLAT) directing NBCC to complete 16 stalled residential projects of debt-ridden Supertech Ltd.The apex court, in its final order delivered on February 5, 2026, restrained all courts and tribunals from passing any directions that could stall or obstruct the execution of the NBCC-led completion plan. The decision impacts nearly 51,000 homebuyers who have been awaiting possession of their flats for over a decade.Years of delaySupertech launched and p..

Infrastructure Urban

20 Feb 2026

Telecom Underpins India's AI Revolution, MoS Says

At the India AI Impact Summit, the Minister of State for Communications and Rural Development said that telecom infrastructure constitutes the foundational layer of the country's artificial intelligence ecosystem and described connectivity as a form of sovereignty. He argued that inclusive digital connectivity is central to India's technological leadership and the empowerment of citizens. The address framed telecom as essential not merely for communication but for enabling AI-driven opportunities across sectors. He noted that broadband subscribers rose from 60 million (60 mn) in 2014 to one bi..

Infrastructure Urban

20 Feb 2026

India and Ireland Deepen Digital and Telecom Cooperation

India and Ireland held a bilateral meeting in New Delhi in which the Union Minister for Communications, Jyotiraditya Scindia, led the Indian delegation and Jack Chambers led the Irish delegation. The meeting at Sanchar Bhawan sought to deepen cooperation in telecommunications, digital infrastructure, emerging technologies and regulatory collaboration. Senior officials from the Department of Telecommunications and Ireland's Commission for Communications Regulation attended to chart a roadmap for future networks. Both sides noted complementarities between India's scale and rapid deployment capab..