In particular, the Thoothukudi region of Tamil Nadu—cited as one of the candidate sites for the new shipyard—is regarded as an optimal location, with temperature and rainfall conditions similar to those of Ulsan, Korea, where HD Hyundai Heavy Industries is located. It already hosts major Korean companies such as Hyundai Motor Company and Samsung Electronics, and large-scale investments are planned for nearby port facilities, further strengthening expectations for future business expansion. Earlier this mont ...