SEOUL, January 29 (AJP) - HD Hyundai Chairman Chung Ki-sun met with Indian Prime Minister Narendra Modi to discuss ways to expand cooperation in shipbuilding, the South Korean conglomerate said on Thursday.
Chung and Kim Hyeong-gwan, chief executive of HD Korea Shipbuilding & Offshore Engineering, attended a roundtable at Modi’s residence in New Delhi on Tuesday at the Indian leader’s invitation, HD Hyundai said.
The roundtable, held as part of India Energy Week 2026, brought together more than 30 participants, including Modi, Indian government ministers, executives from state-owned companies and chief executives of global firms, to discuss energy and industrial cooperation.
Chung thanked Modi for his commitment to developing India’s shipbuilding industry and asked for continued support for HD Hyundai’s cooperation projects in the country.
As part of India’s Maritime Amrit Kaal Vision 2047 initiative, HD Hyundai signed a memorandum of understanding in July last year with Cochin Shipyard, India’s largest state-run shipbuilder, to cooperate on areas including ship design, procurement support, productivity improvements and workforce capability building.
HD Hyundai said it has since expanded cooperation with Cochin Shipyard to include naval vessels, signed an exclusive memorandum of understanding with the Tamil Nadu state government on establishing a joint-venture shipyard, and pursued cooperation with state-run BEML in the crane business.
* This article, published by Aju Business Daily, was translated by AI and edited by AJP.
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