HD Hyundai Chief Meets PM Modi to Boost Shipbuilding Ties

By Admin

30 Jan, 2026

Strengthening India–South Korea Maritime Cooperation
HD Hyundai Chairman Chung Ki-sun recently met Prime Minister Narendra Modi to explore opportunities for strengthening cooperation between India and South Korea in shipbuilding and maritime manufacturing. The meeting comes at a time when India is actively working to expand and modernise its domestic shipbuilding capabilities.

Focus Areas of Discussion
The discussions centred on potential collaboration across key segments of the maritime value chain. These included shipbuilding and ship repair, transfer of advanced shipbuilding technologies, development of green and environmentally friendly vessels, and large-scale skill development. Both sides also reviewed opportunities aligned with India’s plans to develop shipbuilding clusters and strengthen port-linked industrial infrastructure.

HD Hyundai’s Global Expertise
HD Hyundai is among the world’s leading shipbuilders, recognised for its advanced vessel design, marine engineering capabilities, and innovation in next-generation ships. Its expertise spans complex commercial vessels, energy-efficient ship designs, and sustainable maritime technologies, making it a strategic partner for India’s ambitions in this sector.

Alignment with National Initiatives
Officials noted that the engagement aligns closely with India’s flagship Make in India and Atmanirbhar Bharat initiatives. These programmes aim to reduce reliance on overseas shipyards, strengthen domestic manufacturing, and position India as a globally competitive hub for shipbuilding and ship repair.

Industry Impact and Future Outlook
Industry observers believe that deeper cooperation with HD Hyundai could unlock fresh foreign investment, support large-scale employment generation, and accelerate the adoption of advanced and environmentally sustainable shipbuilding technologies in India. Such partnerships are expected to play a crucial role in transforming India into a major maritime manufacturing powerhouse in the coming years.