Maharashtra is pursuing an ambitious 'blue economy' strategy to revitalize Mumbai and its coastline, aiming to leverage maritime potential for economic growth. Key initiatives include the 887 crore Mumbai Marina Project, designed to attract international yacht and cruise tourism, and broader development plans for the Konkan coast, including Alibaug and Sindhudurg, to become major tourism hubs. This vision seeks to transform the coastline into vibrant economic ecosystems through enhanced maritime infrastructure, tourism, connectivity, and real estate.