HD Hyundai delegation visited Thoothukudi for talks on proposed shipyard and cluster

A high-level delegation from South Korea’s HD Hyundai visited Thoothukudi and held discussions with V.O. Chidambaranar Port officials and senior Tamil Nadu government officials (Wednesday and Thursday) regarding a proposed shipbuilding facility/cluster adjacent to the port, according to multiple local sources cited by the publication. The article also states that for the Thoothukudi shipbuilding cluster, an SPV has been formed, a techno-economic feasibility report prepared, and in-principle approval granted.