$2-Billion HD Hyundai Shipyard Coming to Tamil Nadu as South Korean Giant Seals Agreement

$2-Billion HD Hyundai Shipyard Coming to Tamil Nadu as South Korean Giant Seals Agreement

HD Hyundai is set to invest $2 billion in a new shipyard in Tamil Nadu’s Madurai, strengthening India’s bid to become a top global shipbuilding hub. The South Korean giant has signed an agreement with the state government and is expanding partnerships with BEML and Cochin Shipyard to boost maritime and crane manufacturing capabilities.

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Indian Navy Commissions Indigenous ASW Vessel INS Mahe, Boosting Coastal Defence

Indian Navy Commissions Indigenous ASW Vessel INS Mahe, Boosting Coastal Defence

The Indian Navy has commissioned INS Mahe, the first indigenous Mahe-class anti-submarine warfare vessel, in Mumbai. Built locally with over 80% indigenous content, the ship will enhance coastal defence and submarine-hunting capabilities under the Aatmanirbhar Bharat initiative.

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