HD Hyundai is set to make a significant entry into the Indian naval vessel market through collaboration with Cochin Shipyard.

On the 10th, HD Hyundai Heavy Industries, a subsidiary of HD Hyundai's shipbuilding division, announced that it recently signed a 'Memorandum of Understanding (MOU) for Strategic Cooperation to Promote the Indian Navy LPD (Landing Platform Dock) Project' with Cochin Shipyard, India's largest state-owned shipyard.

Cochin Shipyard, located in Kerala, southern India, is the country's largest shipyard, possessing capabilities in the design, construction, and repair of a wide range of vessels, from merchant ships to aircraft carriers. Previously, in July, HD Korea Shipbuilding & Offshore Engineering, the intermediate holding company of HD Hyundai's shipbuilding division, signed an MOU with Cochin Shipyard to pursue cooperation in various areas, including △design and procurement support △productivity enhancement △human resource capacity building.

The newly signed MOU aims to jointly execute the Indian Navy's LPD project. Through this, HD Hyundai Heavy Industries plans to establish a foothold in the Indian special-purpose vessel market, particularly by promoting design and technical support for the landing platform dock.

Joo Won-ho, President of the Naval & Medium Business Division at HD Hyundai Heavy Industries, stated, "HD Hyundai Heavy Industries is the optimal partner for the Indian Navy's modernization project," and expressed anticipation that "this cooperation will be an important turning point for entering the Indian naval vessel market."

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