Maharashtra Signs ₹56,000 Crore MoUs to Boost Maritime Infrastructure and Water Transport

Maharashtra has set sail on a new phase of maritime development with the signing of investment agreements worth ₹56,000 crore aimed at transforming the state’s port and coastal transport ecosystem. 

The announcement was made by Chief Minister Devendra Fadnavis during India Maritime Week 2025, where he reaffirmed his vision of turning Maharashtra into a maritime superpower in the coming years.

Maritime Growth and Connectivity Push

Unveiling the state’s roadmap for sustainable coastal mobility, Fadnavis said that Maharashtra is developing a water taxi service linking Navi Mumbai Airport to South Mumbai. The initiative is designed to reduce traffic congestion and make daily travel more efficient.

The government also plans to develop an electric vessel ecosystem to ensure cleaner and cost-effective operations. Alongside this, a state-of-the-art marina in Mumbai is being planned to promote water transport and water sports.

Major MoUs and Industrial Expansion

Among the strategic agreements, two major MoUs were signed for the expansion of Dighi Port and related facilities, marking a crucial step in strengthening maritime logistics. The state also entered into a key partnership with JSW Infrastructure, which the Chief Minister described as “very important” for integrating Maharashtra into the global logistics chain. 

The MoUs collectively aim to develop industrial areas, shipyards, and repair facilities, while advancing manufacturing and water-based transport options for Mumbai residents.

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Conclusion

By signing these wide-ranging MoUs, Maharashtra has positioned itself as a key driver of India’s maritime expansion. With strong partnerships, forward-looking infrastructure, and a clear sustainability agenda, the state is charting its course toward becoming a global maritime hub.

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