India, Dec. 19 -- The Union government has approved plans to develop a world-class marina at Mumbai harbour at an estimated cost of Rs.887 crore, the government said in a statement, underscoring that the move is aimed at giving a significant push to coastal shipping, maritime tourism, and waterfront-led urban development.

Union ports and shipping minister Sarbananda Sonowal said the proposed Viksit Bharat Mumbai Marina had been cleared by the ministry in line with Prime Minister Narendra Modi's vision.

"This approval of the 'Viksit Bharat Mumbai Marina' marks an important step in our efforts to strengthen coastal shipping and maritime tourism. The project will create world-class infrastructure, open the waterfront for public use, encour...