Mumbai, July 7 -- KSOE is a global leader in shipbuilding and marine engineering, with proven expertise in designing and constructing commercial vessels, naval platforms, and offshore infrastructure. KSOE oversees the operations of some of the world's largest shipyards, including Hyundai Heavy Industries, Hyundai Mipo Dockyard, and Hyundai Samho Heavy Industries.

The MoU includes the joint exploration of newbuilding opportunities in India and abroad as well as sharing technical expertise to scale up to the global standards in shipbuilding. The collaboration also aims to identify initiatives to enhance productivity and improve capacity utilization. In addition both the parties will work together to upskill and strengthen workforce while a...