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Home > All news > HD Hyundai picks Tamil Nadu for first India shipyard

HD Hyundai picks Tamil Nadu for first India shipyard

December 8, 2025
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MADURAI: South Korean shipbuilding major HD Hyundai on Sunday announced plans to set up its first shipyard in India, choosing the port city of Thoothukudi in Tamil Nadu for the project. A memorandum of understanding (MoU) was signed in the presence of Tamil Nadu Chief Minister MK Stalin, Industries Minister TRB Rajaa and senior leadership from HD Korea Shipbuilding & Offshore Engineering (KSOE) at the Tamil Nadu Investment Conclave 2025 in Madurai.

While neither the government nor the company disclosed the investment outlay, informed sources told FE that the . . .

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Disclaimer: This information has been collected through secondary research and Daily Shipping Times is not responsible for any errors in the same.

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