Billionaires have flaunted their yachts in India but found very little place to park them. Now, some of that crunch is being addressed with the opening of India’s first marina in Kochi.
Billionaires have flaunted their yachts in India but found very little place to park them. Now, some of that crunch is being addressed with the opening of India’s first marina in Kochi. Built at a cost of Rs 8.2 crore, the marina will have place for 37 boats. This will be increased to accommodate 50 in the second phase. Dr Malav Shroff, CEO of Ocean Blue Marine, the company which developed the marina, says, “There is a lot of potential across India’s coastline for such projects.”