π’ Thoothukudi's mega shipyard push for industrial boom
A proposed greenfield shipyard is set to transform Thoothukudi into a major maritime-manufacturing hub in southern Tamil Nadu. The project involves HD Korea Shipbuilding & Offshore Engineering Co Ltd and others in Thoothukudi. It boasts an investment of about βΉ38,000 crore and an annual capacity of 2.5 million Gross Tonnage (GT). This development aims to create a large industrial ecosystem, similar to Ulsan, and generate 15,000 direct jobs. Authorities are currently conducting enumerations and planning rehabilitation for affected local communities. π’