News Brief
India’s First International-Standard Marina With Capacity For Over 400 Yachts To Come Up In Mumbai By 2029, Global Tender Issued
A Representative Image (Mumbai Port Trust)
After years of uncertainty, the Mumbai Port Authority (MbPA) has revived its long-delayed Marina Project, issuing a fresh global tender and setting a January 2029 deadline for completion, according to a Free Press Journal report.
The move comes soon after the successful commissioning of the Mumbai International Cruise Terminal (MICT), billed as the country’s largest.
Planned across 12 hectares of sea area, the facility will be able to host 424 yachts of varying sizes, making it India’s first full-scale international-standard marina.
While the project was originally conceived under the Public-Private Partnership (PPP) model, private sector participation remained muted.
MbPA has now chosen to fund the venture through its own investment of around Rs 450 crore. Once operational, the facility will be managed by an Operation & Maintenance (O&M) partner.
The engineering procurement and construction (EPC) tender is open until 15 October, with work scheduled to begin in January 2026, pending statutory approvals.
Despite India’s 11,000 km coastline, the country lacks marinas of global standard.
Yacht owners have long highlighted the inadequacy of current berthing options, particularly the mooring arrangements off the Gateway of India, which provide no comparable facilities.
The Marina Project is therefore being viewed as a significant step in positioning Mumbai as a destination for high-end nautical tourism and leisure.
