Construction of a major shipbuilding facility by HD Hyundai is set to begin next month in Thoothukudi, supported by an investment of ₹40,000 crore.
The project is based on a memorandum of understanding signed between the company and the Government of Tamil Nadu in December 2025. Officials confirmed that preparatory work has been completed, and construction activities will commence as scheduled.
The shipbuilding yard is expected to strengthen industrial development in the region and create employment opportunities. It will also contribute to the expansion of maritime infrastructure along the coast.
Authorities stated that the project aligns with broader efforts to boost manufacturing and investment in the state. Necessary arrangements are being made to ensure smooth progress of construction work.
The development marks a significant step in enhancing the state’s industrial capacity and supporting large-scale infrastructure growth.
This project is expected to play an important role in driving economic activity in the region.
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