Maharashtra Charts Course With Massive Maritime Investments

Chief Minister Devendra Fadnavis announced that Maharashtra has secured investments of Rs 56,000 crore for maritime projects. Several agreements include port expansion, shipyards development, and water transport services. These projects aim to fortify Maharashtra's status as a leading maritime hub.

Maharashtra Chief Minister Devendra Fadnavis revealed on Monday that the state has successfully signed 15 agreements amounting to Rs 56,000 crore in maritime investments.

These memorandums of understanding, concluded during India Maritime Week, encompass port expansions, shipyard developments, and new technology initiatives. A significant deal includes an Adani Group-led project at Dighi port, promising extensive industrial growth.

Additionally, Maharashtra aims to launch a water taxi service, enhancing connectivity from Navi Mumbai airport to South Mumbai. Plans also include a state-of-the-art marina in Mumbai to boost water sports and transport. The state's maritime strategy aligns with a national goal of facilitating Rs 10 lakh crore in total investments throughout the week.

(With inputs from agencies.)