India has taken a major step towards becoming a global maritime manufacturing powerhouse with the signing of a landmark Memorandum of Understanding (MoU) for the development of the country’s first Mega Greenfield Shipyard at Thoothukudi in Tamil Nadu. The ambitious project is expected to significantly strengthen India’s shipbuilding capacity and position the nation among the world’s leading maritime economies. The tripartite agreement brings together HD Korea Shipbuilding & Offshore Engineering (HD KSOE), National Shipbuilding & Heavy Industries Park Tamil Nadu Limited (NSHIP-TN), and Sagarmala Finance Corporation Limited (SMFCL) under…
Read MoreIndia Signs Landmark MoU for First Mega Greenfield Shipyard at Thoothukudi
