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HD Hyundai to set up $2-bn shipyard in TN, its first in India
Financial Express Hyderabad
|December 08, 2025
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 was signed in the presence of Tamil Nadu Chief Minister M K Stalin, Industries Minister TRB Rajaa and senior leadership from HD Korea Shipbuilding & Offshore Engineering (KSOE) at the Tamil Nadu Investment Conclave 2025 in M
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