Mumbai Port Authority to develop marina at sea on EPC model; Jalota

23 Sep 2024 CW Team

The Mumbai Port Authority plans to develop a marina in the sea, moving away from its earlier land-based public-private partnership (PPP) model, according to Chairman Rajiv Jalota. This new initiative will be funded by the port authority itself and executed under the engineering, procurement, and construction (EPC) model. The project is in its advanced stages, with necessary clearances expected soon.

The original plan aimed to build the marina at Princess Dock, where private investors were invited to contribute Rs 5.75 billion to develop facilities for docking at least 300 pleasure boats and yachts. However, after two rounds of unsuccessful bids, the authority decided to shift its focus to the sea-based marina.

This initiative is part of Mumbai’s larger waterfront regeneration plan, as the port faces limitations in expanding cargo operations due to its urban location. Developing leisure activities on the waterfront aligns with the city's broader vision for urban revitalisation. South Mumbai, home to the port's land holdings, is a prime location, with significant economic potential for the port’s assets.

With more than 7,500 km of coastline, India has a limited number of marinas. Mumbai, with its large number of privately owned leisure boats, presents a ripe market for this facility. Currently, around 200 small boats are moored near the Gateway of India at any given time due to the absence of a designated marina.

The marina is expected to boost tourism and support the city’s growth, offering world-class services to align Mumbai with global waterfront cities. (ET)

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..