South Korea’s HD Hyundai has announced plans to invest $2 billion in a new shipyard in Thoothukudi, Tamil Nadu, marking one of the largest maritime investments in India. The announcement was made during the Tamil Nadu Investment Conclave 2025 by Hannah Choi, Vice-President at HD Korea Shipbuilding & Offshore Engineering (HD KSOE). The project, initially referred to as the 'SMTTH Project…
Industry
December 13, 2025
HD Hyundai Plans $2-Billion Shipyard in Thoothukudi, Boosting Tamil Nadu’s Maritime Ambitions
COCHIN SHIPYARD LIMITED
SHIPYARD
HD Hyundai Electric
EQUIPMENT_MANUFACTURER
HD Hyundai Korea Shipbuilding & Offshore Engineering (KSOE)
COMPANY_GROUP
MAZAGON DOCK SHIPBUILDERS LTD
SHIPYARD
Shipbuilding Market
Yard Expansions
E
Ella Trusteddocks
Dec 13, 2025 · 19:23 UTC
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