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.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Infrastructure Urban

01 Jun 2026

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

Infrastructure Urban

01 Jun 2026

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..