Maharashtra government has initiated a detailed action plan to establish India's largest shipyard integrated with the Rs 76,200 crore Vadhavan Port in Palghar, aiming to transform the state into a major maritime and shipbuilding hub with enhanced connectivity and thousands of employment opportuniti

In Palghar, Maharashtra, the Vadhavan Port will transform marine and real estate. An all-weather Greenfield deep draft major port announced by Prime Minister Narendra Modi's Union Cabinet would boost India's marine capabilities and Palghar's real estate sector.