Maharashtra Secures Rs 56,000 Crore Investment in Maritime Sector

New Delhi, Oct 28 (KNN) Maharashtra has received investment commitments worth Rs 56,000 crore in the maritime sector during India Maritime Week 2025, strengthening its position as one of India’s leading coastal states.

The state government signed 15 Memorandums of Understanding (MoUs) with major private players for projects covering port expansion, shipbuilding, logistics, and technology development.

These investments are expected to enhance maritime connectivity, create employment, and boost coastal infrastructure across the state.

A key highlight is the expansion of Dighi Port, which will also see the development of an adjoining industrial zone in collaboration with the Adani Group.

Similarly, the JSW Group plans to expand its operations at Jaigad Port, focusing on improving cargo handling and logistics efficiency.

Maharashtra’s maritime vision also includes modern passenger and tourism projects. A proposed water taxi service will link the Navi Mumbai International Airport with South Mumbai’s Gateway of India, easing urban transport and promoting water-based mobility.

Additionally, a world-class marina is planned in Mumbai to support both commercial and recreational marine activities.

To ensure sustained growth, the government also plans to establish centres of excellence and training hubs to strengthen human resource development in the maritime industry.

Deputy Chief Minister Devendra Fadnavis stated that Maharashtra will continue working closely with the central government to build an integrated ecosystem that connects the state’s 700-km coastline with global trade routes.

The announcement underscores Maharashtra’s growing role in India’s Blue Economy and its aim to emerge as a major maritime hub supporting trade, logistics, and coastal development.

(KNN Bureau)