New Delhi, Sept. 23 -- State-owned shipbuilder, Cochin Shipyard Ltd (CSL), has signed a memorandum of understanding (MoU) with HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for a long-term strategic collaboration in shipbuilding.

Mint reported in April that CSL is in talks with Korean companies to build ships near its existing shipbuilding facility in Kerala.

This partnership seeks to combine CSL's legacy, infrastructure, and domestic expertise with HD KSOE's advanced technology and global experience, marking a significant step in strengthening India's shipbuilding capabilities.

In addition to its shipbuilding plan in Kerala, CSL has also signed an MoU with Guidance, the nodal agency of the Tamil Nadu government, in line with ...