• Mr Chetan Panchal
• Dr. Shivaji Pawar

India is the world's second-largest aquaculture fish producer and the third-largest fish producing nation. The original residents of Mumbai are Kolis. The Koli community works hard to keep their long-standing social standing. This paper aims to investigate the financial situation of Mumbai fishermen by examining their savings and investment habits. For the purposes of this study, 300 fishermen were selected as a sample. The study will begin with a survey of the literature on fishermen in the Mumbai region. Primary data was obtained in Mumbai and analysed using both parametric and non-parametric statistical techniques. The study reveals that their education level is below HSC. Despite earning over Rs. 500/- per day, they allocate their income towards conventional investment channels. A significant portion of their income is allocated to household expenses by the majority of them.

Saving and Investment, Socio Economic Status, Fishermen

"A Study on Savings and Investment Patterns of Fishermen in the Mumbai Region", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.11, Issue 2, page no.32-38, February-2024, Available :http://www.jetir.org/papers/JETIRGC06004.pdf

"A Study on Savings and Investment Patterns of Fishermen in the Mumbai Region", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.11, Issue 2, page no. pp32-38, February-2024, Available at : http://www.jetir.org/papers/JETIRGC06004.pdf