on April 27, 2026 at 6:00 am HD Hyundai may start work on ₹40,000-crore Thoothukudi shipyard next month​

The Korean firm plans to go largely solo through a wholly-owned subsidiary in India, the first person said. However, negotiations are also on to include State Industries Promotion Corporation of Tamil Nadu Ltd and the Centre’s Maritime Development Fund as minority equity partners.

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