HD Hyundai Chairman Chung Kisun Holds Talks with Prime Minister Modi to Discuss Bilateral Cooperation
Prnewswire·2026-01-29 02:30

Core Viewpoint - HD Hyundai is actively expanding its collaboration with India in the shipbuilding sector, viewing India as a crucial part of its strategy for overseas production diversification and growth [4][6]. Group 1: Meeting Details - HD Hyundai Chairman Chung Kisun met with Indian Prime Minister Narendra Modi to discuss enhancing bilateral cooperation in shipbuilding during a high-level roundtable on January 28, 2026 [1][2]. - The roundtable was part of India Energy Week 2026, featuring around 30 participants, including Indian ministers and global company executives [2]. Group 2: Collaborative Initiatives - Chairman Chung expressed gratitude for the Indian government's commitment to the shipbuilding industry and requested ongoing support for HD Hyundai's initiatives in India [3]. - HD Hyundai signed a memorandum of understanding with Cochin Shipyard in July 2025 to collaborate on design, procurement, productivity improvements, and workforce development [4]. - The collaboration with Cochin Shipyard has recently expanded to include naval vessels, and an exclusive MOU was signed with the Tamil Nadu government for joint shipyard development and crane business cooperation with BEML [5]. Group 3: Government Interest - Indian officials, including the Minister of Petroleum and Natural Gas and the Minister for Industries, have shown strong interest in deepening cooperation with HD Hyundai, visiting South Korea to explore collaboration opportunities [6].