India, Sept. 23 -- Cochin Shipyard Limited (CSL) has taken a major step towards the Atmanirbhar Bharat vision by signing a long-term Memorandum of Understanding (MoU) with HD Korea Shipbuilding & Offshore Engineering (HD KSOE) to enhance India's shipbuilding capacity. The agreement was exchanged during the "Samudra se Samriddhi – Transforming India's Maritime Sector" event, inaugurated by Prime Minister Narendra Modi on 20 September 2025 in Bhavnagar, Gujarat.
Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal and Minister of State Shantanu Thakur were present at the signing, along with Jung Changin, Senior Vice President of Hyundai, and Madhu S. Nair, CMD of CSL.
The collaboration aims to leverage CSL's infrastructu...