HYUNDAI TO HELP HINDUSTAN SHIPYARD BECOME A WORLD-CLASS SHIPBUILDER

India and South Korea have signed an inter-governmental MoU for defence industry co-operation in shipbuilding. The MoU was contrived under the ‘Make in India’ initiative and will enable warships to be constructed at Indian shipyards with Korean support. The Cabinet Committee on Security nominated Hindustan Shipyard Limited (HSL) for the shipbuilding. Co-operation with...

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