Made-in-Mumbai ships to sail across the globe: Rs 55,719 crore MoUs signed at maritime summit; new shipbuilding and training hubs in Maharashtra to steer India’s global maritime future

Mumbai is gearing up to produce passenger transport boats and cruises under the “Made in Mumbai” banner. These vessels will operate across the oceans, positioning Maharashtra as a hub for both domestic and international water transport. (PHOTO CREDIT:AI)

Over 600 MoUs worth ₹12 lakh crore were signed during India Maritime Week 2025. The agreements underline India’s vision for a sustainable, high-tech, and globally competitive maritime sector, with Maharashtra leading the charge. (PHOTO CREDIT:AI)

The state will establish ship design, shipbuilding, shipyard, and manpower training facilities. These will boost waterways around the Mumbai region and Konkan coast, promoting sustainable and large-scale maritime development. (PHOTO CREDIT:AI)

Maharashtra signed an MoU with Abu Dhabi Ports Group and the Investment Resource & Presidential Office of Abu Dhabi. The $2-billion deal covers shipbuilding, ship-breaking, water transport, port infrastructure, and even sports management. (PHOTO CREDIT:AI)

International firms like Boskalis, Lai Investment, and Wan Hai have shown interest in investing ₹70,000 crore to build terminals at Vadhvan. This move could turn Maharashtra into a major global shipping destination. (PHOTO CREDIT:AI)

Adani and JSW have signed MoUs for further expansion of Dighi and Jaigad ports. The development will enhance cargo handling capacity and port infrastructure, benefiting both trade and logistics. (PHOTO CREDIT:AI)

Echandia Marine will set up a battery system assembly unit for green ships, promoting clean energy use in maritime operations. The initiative supports India’s goal of sustainable, carbon-efficient shipping practices. (PHOTO CREDIT:AI)

Candela Technology’s facility will focus on building ships specifically for passenger water transport. This is expected to enhance coastal connectivity and promote eco-friendly and efficient marine mobility across the region. (PHOTO CREDIT:AI)

At the India Global Maritime Summit, MoUs worth ₹55,719 crore were signed to strengthen Maharashtra’s shipbuilding capabilities. Companies like Candela Technology, Chowgule & Company, and Synergy Shipbuilders will set up construction and maintenance facilities. (PHOTO CREDIT:AI)

IIT Bombay will establish a specialised centre for ship design and manpower training. The facility will strengthen technical expertise and research in shipbuilding, creating skilled professionals for the maritime industry. (PHOTO CREDIT:AI)