Maharashtra Attracts ₹56,000 Crore Investment for Maritime Growth

Maharashtra has secured investment commitments totaling ₹56,000 crore for its maritime sector, primarily driven by significant contributions from Adani Ports & Special Economic Zone (APSEZ) and JSW Infrastructure. This announcement came during the India Maritime Week 2025 held in Mumbai, where 15 memoranda of understanding (MoUs) were signed to bolster the state’s maritime capabilities.

Among the standout commitments, Adani Ports plans to invest ₹42,500 crore to expand Dighi Port along with associated industrial facilities. Meanwhile, JSW Infrastructure has pledged ₹3,709 crore for the expansion of both Jaigarh and Dharamtar ports. These initiatives aim to enhance cargo capacity and improve multimodal logistics connectivity across Maharashtra’s extensive 877-kilometre coastline.

In a statement regarding the agreements, Maharashtra Chief Minister Devendra Fadnavis emphasized the importance of these investments in positioning Maharashtra as a key player in India’s maritime growth. He highlighted that these MoUs signify the state’s commitment to developing a robust maritime and industrial ecosystem through large-scale port expansions and shipyard development.

Beyond the major projects initiated by Adani and JSW, other companies are also contributing to Maharashtra’s maritime ambitions. Chowgule & Co will invest ₹5,000 crore to establish a new shipyard facility in the state. Additionally, Goa Shipyard has committed ₹2,000 crore, while Synergy Shipbuilders N Dock, Knowledge Marine & Engineering Works, and TSA Enterprises will invest ₹1,000 crore, ₹250 crore, and ₹1,000 crore, respectively, to develop further shipbuilding and repair yards along the coastline.

The investments mark a pivotal moment for Maharashtra’s maritime sector, aiming not only to enhance infrastructure but also to create jobs and stimulate economic growth within the region. With these developments, Maharashtra is positioning itself to play a crucial role in the maritime landscape of India, fostering both local and international trade.

As these projects unfold, stakeholders will be closely monitoring their impact on the state’s economy and the broader maritime industry. The potential for increased cargo capacity and improved logistics could significantly benefit Maharashtra, making it a vital hub for maritime activities in the country.