Tamil Nadu assures support for HD Hyundai's proposed Shipyard Project
Chennai, June 9
The new Tamil Nadu government has assured support for the proposed mega shipbuilding project by HD Hyundai Heavy Industries in Thoothukudi during Industries Minister Selvi S. Keerthana's visit to South Korea.
In a post on X, Guidance Tamil Nadu, state governments nodal agency for investment promotion and single-window facilitation, said the minister's visit to HD Hyundai Heavy Industries marked her first international visit after the formation of the new government and reflected the state's continued focus on attracting industrial investments.
The state government said the visit sends "a powerful signal of continuity, confidence, and commitment to industry."
According to the post, discussions during the visit focused on the proposed mega shipbuilding project in Thoothukudi and the state's support for facilitating the investment.
Guidance Tamil Nadu said, "With a firm assurance to facilitate the proposed mega shipbuilding project in Thoothukudi, the Government remains steadfast in its mission to attract transformational investments, accelerate industrial growth, and position the State as a premier global investment destination."
The government said the engagement with HD Hyundai Heavy Industries is aimed at strengthening investor confidence and advancing industrial development in the state.
The visit comes as Tamil Nadu continues its efforts to attract large-scale investments across sectors and expand its industrial base. The government said it remains committed to supporting projects that contribute to industrial growth and economic development.
Highlighting the significance of the visit, Guidance Tamil Nadu stated, "Anchoring strong momentum, the Hon'ble Minister for Industries, Selvi S. Keerthana's first international visit after the formation of the new Government to HD Hyundai Heavy Industries (HHI), South Korea, sends a powerful signal of continuity, confidence, and commitment to industry."
The state government reiterated its commitment to facilitating major investments and creating an environment conducive to industrial expansion, while positioning Tamil Nadu as a preferred destination for global investors.
— ANI
Reader Comments
Finally some good industrial news for Tamil Nadu! The Hyundai brand is already trusted globally, and this mega project will boost our state's economy. But I hope the government also focuses on skill development for local youth to work in such high-tech industries.
Impressive that the minister's first international trip is for investment promotion. Shows continuity from the previous DMK government's industrial policy. However, one concern: Thoothukudi is already heavily industrialized with thermal plants and port — need strict pollution control measures.
South Korea's shipbuilding technology is world-class. This partnership could make Tamil Nadu a hub for maritime industrial development. But we need to ensure that the project doesn't displace local fishermen communities — their livelihoods must be protected.
As someone from Thoothukudi, I'm cautiously optimistic. The port city has good infrastructure but needs better roads and rail connectivity for such a mega project. Also, hope there's transparency in land acquisition and compensation for farmers.
Good to see the government moving fast on industrial investments. South Korea-Tamil Nadu ties are strong. But let's not forget our own shipbuilding companies like Cochin Shipyard — we should also promote indigenous capability alongside foreign collaborations.
We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.