December 8, 2025, New Delhi
South Korean industrial giant HD Hyundai has moved forward with plans to establish a large-scale shipyard in India, marking a major boost to the country’s shipbuilding and manufacturing sector. The project is expected to support India’s long-term maritime development goals and strengthen its position as a global shipbuilding hub.
Officials said the proposed shipyard will focus on the construction of commercial vessels, defense ships, and green-energy ships, while also generating thousands of direct and indirect jobs. Industry experts believe this move will enhance technology transfer, improve domestic production capacity, and attract further foreign investment into India’s coastal infrastructure and heavy engineering industries.
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