Maharashtra to launch new maritime development policy

SENSEX 75,692.78

+ 1,233.25

NIFTY 23,440.80

+ 387.70

CRUDEOIL 9,488.00

 -449.00

GOLD 138,464.00

 -21.00

SILVER 181,300.00

+ 2,168.00

SENSEX 75,692.78

+ 1,233.25

NIFTY 23,440.80

+ 387.70

NIFTY 23,440.80

+ 387.70

CRUDEOIL 9,488.00

 -449.00

CRUDEOIL 9,488.00

 -449.00

GOLD 138,464.00

 -21.00

'; } document.getElementById("lgdv").innerHTML = htmlElements; } function numberformat(i) { return Number(parseFloat(i).toFixed(2)).toLocaleString('en', { minimumFractionDigits: 2 }) } async function gatherResponse(response) { const { headers } = response; const contentType = headers.get('content-type') || ''; if (contentType.includes('application/json')) { return await response.json() } return response.text(); } function getWidth() { if (Math.max(document.body.scrollWidth,document.documentElement.scrollWidth,document.body.offsetWidth,document.documentElement.offsetWidth,document.documentElement.clientWidth) > 991) { document.getElementById("mob").style.display = "none"; document.getElementById("lgdv").style.display = "block"; } else { document.getElementById("mob").style.display = "block"; document.getElementById("lgdv").style.display = "none"; } } getWidth(); THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS.THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS.

Maharashtra is competing with Andhra Pradesh, Gujarat and Tamil Nadu to build ports, attract shipyards and develop coastal shipping networks

By BL Mumbai Bureau

Updated - November 02, 2026 at 06:02 PM.

Rane said the government is keen to attract ancillary industries to develop maritime eco-system and is also in talks with Dutch companies for development of minor ports | Photo Credit: PAUL NORONHA

Maharashtra government is working on a new maritime development policy to boost port infrastructure and coastal shipping, State’s Minister for Fisheries and Port Development, Nitesh Rane said at the FICCI Maritime India conference in Mumbai on Monday 

“It will be the most investment friendly policy with a single window clearance mechanism,” Rane said in his investment pitch. 

Maharashtra is competing with Andhra Pradesh, Gujarat and Tamil Nadu to build ports, attract shipyards and develop coastal shipping networks. Last month the State government signed a MOU with Mazagon Dock to develop ₹26,000 crore worth shipyard in the state. 

Rane said the government is keen to attract ancillary industries to develop maritime eco-system and is also in talks with Dutch companies for development of minor ports. He said the government is developing water transport system in Mumbai Metropolitan Region and same is expected to be ready in 2028. 

Published on November 2, 2026

THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS. THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS. THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS. THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS.Sign into Unlock benefits!

• Access 10 free stories per month
• Get notified by email for early preview to new features, discounts & offers