HD Hyundai Moves Forward with Plans to Establish an Indian Shipbuilder
HD Hyundai signed an exclusive agreement with Tamil Nadu to explore a shipyard site near Thoothukudi, with potential investment up to $2 billion, supporting India's shipbuilding expansion.
6 Articles
6 Articles
HD Hyundai moves forward to build shipyard in India
South Korean conglomerate HD Hyundai is moving forward with plans to establish a shipyard in India through cooperation with a local state government, as per a report by Pulse, the English service of Maeil Business News Korea.
South Korean giant HD Hyundai pushes major shipyard scheme in Tamil Nadu - Cargo Insights
HD Hyundai signed an exclusive pact with Tamil Nadu, advancing its $2bn shipyard proposal to boost India’s maritime manufacturing. Following the signing of an exclusive deal with the Tamil Nadu government, South Korea’s HD Hyundai is proceeding with plans to establish a significant shipbuilding factory in India. According to a report by Pulse, Maeil Business News Korea’s English outlet, the agreement was finalised on December 7 in Madurai. Accor…
HD Hyundai Advances $2Bn Shipyard Plan in Tamil Nadu
South Korea’s HD Hyundai is moving ahead with plans to set up a major shipbuilding facility in India, following the signing of an exclusive agreement with the Tamil Nadu government. The pact was formalised on Sunday in Madurai, according to a report by Pulse, the English platform of Maeil Business News Korea. The proposed shipyard is estimated to involve an investment of around USD 2 billion, as cited by Indian media reports referenced by Pulse.…
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