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HD Hyundai accelerates shipyard construction in India amid South Korean president’s visit

  • New MOU with NSHIP TN and Sagarmala Finance Corp advances plans for a joint venture shipyard in Tamil Nadu, with HD Hyundai set to lead operations
  • India will place initial ship orders in South Korea and train personnel at HD Hyundai yards ahead of establishing the new facility
  • The partnership includes developing a digital shipyard, creating a local training centre and helping Korean suppliers expand into India

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HD Hyundai has moved its India shipyard project into a new phase with a three‑way agreement in New Delhi, deepening shipbuilding co‑operation with the Indian government and laying the groundwork for a new joint venture yard, workforce training and a locally anchored supply chain

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