India eyes shipbuilding big league as Cochin Shipyard, HD Hyundai near $500 million JV
In the first instance of a global shipbuilding giant investing directly in shipbuilding infrastructure in India, state-run Cochin Shipyard Limited and South Korea’s HD Hyundai Group are in final stages of forming a joint venture for a $500-million facility in Kochi, with both contributing equally.
In the first instance of a global shipbuilding giant investing directly in shipbuilding infrastructure in India, state-run Cochin Shipyard Limited and South Korea’s HD Hyundai Group are in final stages of forming a joint venture for a $500-million facility in Kochi, with both contributing equally.
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