- Published at
- by economictimes.indiatimes.com
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Another Hyundai heads for India. Why it's important
India's shipbuilding sector is set for a big change. HD Korea and Cochin Shipyard Limited have signed an agreement. India aims to be among the top shipbuilding nations by 2030. The partnership will boost India's shipbuilding capabilities. India wants to reduce reliance on foreign vessels. The government is supporting the sector with financial incentives.