India on global yacht map

Thursday, August 13, 2009 8:45
Posted in category Uncategorized

The day is not far, when people will travel on their personal yacht and boats to breathe fresh air. With this idea Mumbai has taken the first step by launching the international boats and yacht manufactures show, the exhibitors have put their anchors to explore business opportunity in leisure segment in India.

The idea to develop marina which will transform the dead beach into a magnificent sea front, the temporary marina was built at the for Mumbai International Boat Show (MIBS) at Gateway of India, Mumbai.

Speaking to the press, Bob Bowrah, Founder of Seaspray & Gulf Marinas said, “We are pleased with the opportunity to partner with MIBS as India has huge scope for development in this area”.

“The marina will be developed near the Apollo Bunder in the coming years”, he added.

India is one of the countries with largest coastlines and if they explore this route it will help their economy to grow and can also ease congestion on roads.

The show showcased yacht and boats from all over the world, including a indigenously built boat of International standard from Goa, by Fiesta Yachts, adding more to this, Manech Shaw, owner of Fiesta said, “It is a pure Indian product, only the engine is imported”.

At the business conference, Chairman of Walcon Marine, Robin Walters said it will take three years to develop a new marina, as all people have to be consulted before creating one, including environmentalist, local people, developer, government bodies.

India needs infrastructure including marine, as it accounts only 25,000 to 30,000 boats, yacht (less than one per cent), while America accounts for 70 per cent, Europe 26 per cent and Gulf 1.5 per cent, revealed Mike Derrett, a panelist & correspondent, IBI addressing the conference on India’s growing leisure boating markets.

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2 Responses to “India on global yacht map”

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  2. Kimberlycgl says:

    February 8th, 2010 at 6:50 am

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