Thoothukudi in Tamil Nadu is set to become the site of India’s first mega greenfield shipyard following the signing of a memorandum of understanding between Indian and South Korean companies. The proposed project aims to strengthen India’s domestic shipbuilding capabilities and support the country’s long-term maritime expansion plans.
The new shipyard is expected to focus on the construction of large commercial vessels, offshore platforms, and specialised ships while also supporting repair and maintenance activities. Industry officials said the collaboration will bring advanced South Korean shipbuilding technology, engineering expertise, and operational practices to India’s growing maritime sector.
The project is anticipated to generate significant employment opportunities, boost ancillary industries, and enhance cargo and logistics infrastructure in the Thoothukudi region. The development aligns with India’s broader objective of expanding shipbuilding capacity, reducing dependence on foreign yards, and positioning the country as a global maritime manufacturing and repair hub.