Korea’s HD Hyundai looks for strategic maritime partnership with India

Leading Korean firm HD Hyundai is moving to establish a strategic partnership with the Indian government as part of India’s national maritime development initiative. HD Hyundai Chairman Mr Chung Ki-sun met with Mr Hardeep Singh Puri, India’s Minister of Petroleum and Natural Gas, at the company’s Global R&D Centre in Seongnam, Gyeonggi, South Korea, to discuss ways to expand cooperation. The meeting was also attended by Ms Esha Srivastava, Joint Secretary of India’s Ministry of Petroleum and Natural Gas, Mr Arun Kumar Singh, Chairman and CEO of Oil and Natural Gas Corporation, Mr Madhu S. Nair, Chairman of Cochin Shipyard, and Mr Sushil Kumar Singh, Chairman of Deendayal Port Authority, among other key public sector executives and maritime industry officials. The two sides explored potential ideas to enhance India’s shipbuilding capacity, expand its commercial fleet and develop its maritime technologies, said a report.

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