South Korea’s HD Hyundai Signs Deal for $2-Billion Mega Shipyard Project in Tamil Nadu

South Korea’s HD Hyundai Signs Deal for $2-Billion Mega Shipyard Project in Tamil Nadu

HD Hyundai is set to invest $2 billion in a new shipyard in Tamil Nadu’s Madurai, strengthening India’s bid to become a top global shipbuilding hub. The South Korean giant has signed an agreement with the state government and is expanding partnerships with BEML and Cochin Shipyard to boost maritime and crane manufacturing capabilities.

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