Maharashtra announces maritime policy, eyes ₹26,500-crore shipyard

Maharashtra Minister Nitesh Rane announced a comprehensive maritime policy offering single-window clearances and red-carpet treatment for investors at FICCI's Maritime India Conference 2026. The state also highlighted a ₹26,500 crore tripartite deal to build India's largest shipyard, expected to generate 50,000 jobs. Every MoU signed at last year's India Maritime Summit has since become an actual investment, Rane said.