HD Hyundai may start work on ₹40,000-crore Thoothukudi shipyard next month

“Major global shipbuilding centers in cities such as Ulsan, Busan and Yokohama have demonstrated how maritime infrastructure can support entire urban ecosystems. Over time, these places have evolved from industrial bases to fully integrated towns, with logistics, manufacturing, residential and commercial clusters developing around the shipyards. India currently stands at a similar inflection point. Shipyards and port-led infrastructure have the potential to act as a catalyst for the next wave of urbanization with strong policy support and capital investment,” Anshuman said. Magazine, chairman and chief executive officer (CEO), India, Southeast Asia, Middle East and Africa, global consultancy CBRE.