Cochin Shipyard Joins HD Korea for Long-Term Shipbuilding

24 Sep 2025 CW Team

Cochin Shipyard (CSL) has taken a major step towards Atmanirbhar Bharat by signing a Memorandum of Understanding (MoU) with HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for long-term strategic collaboration in shipbuilding. The MoU was exchanged during the landmark event “Samudra se Samriddhi – Transforming India’s Maritime Sector”, inaugurated by Prime Minister Shri Narendra Modi on 20th September 2025 at Bhavnagar, Gujarat.

Union Minister of Port, Shipping and Waterways Sarbananda Sonowal, Union Minister of State Shantanu Thakur, Jung Changin, Senior VP of Hyundai, and Madhu S Nair, CMD of CSL, were present for the signing.

The partnership combines CSL’s legacy, domestic expertise, and infrastructure with HD KSOE’s advanced technology and global experience, enhancing India’s shipbuilding capabilities. Under the MoU:

 CSL’s 310-meter new dry dock, inaugurated in January 2024, will construct Suezmax tankers, container ships, and Capesize bulk carriers, with an annual capacity of up to six vessels.

 A dedicated Block Fabrication Facility (BFF) is planned at Kochi on ~80 acre, with 1,20,000 MT annual capacity and an investment of Rs 37 billion, expected to create 2,000 direct jobs and several thousand indirect employment opportunities.

 The collaboration will also focus on joint execution of projects at CSL’s existing facilities, greenfield shipyards, skill development, and next-generation vessel production.

The initiative aligns with national visions like Maritime India Vision 2030 and Maritime Amrit Kaal Vision 2047, reinforcing India’s ambition to become a global shipbuilding hub.

CSL also signed a second MoU with Guidance, Tamil Nadu’s nodal agency, to develop shipbuilding clusters. As part of a long-term growth plan, CSL is considering a Rs 150 billion greenfield investment in Tamil Nadu, potentially creating 10,000 jobs and including a modern ship repair facility.

News source: PIB

Real Estate

04 Aug 2026

LML Realty Launches Cinema Campaign on Industrial Vision

LML Realty has launched a cinema advertising campaign in partnership with PVR INOX across 81 screens in Gurugram and Faridabad, showcasing the brand’s transformation from a mobility icon to an industrial infrastructure developer.The campaign features a cinematic brand film tracing LML’s journey since 1972, beginning with its iconic scooters and highlighting its evolution into creating infrastructure solutions that support India’s manufacturing growth.The film focuses on LML Industrial Park at Jhirka Valley, the company’s flagship industrial development approved under the Haryana Govern..

IIM Ahmedabad Publishes Case Study on HoABL’s Business Model

The Indian Institute of Management Ahmedabad (IIMA) has published a case study on The House of Abhinandan Lodha (HoABL), examining the company’s digital-first consumer journey and business model that created India’s branded land category.Titled “HoABL: Ready for Scaling Up”, the case study has been published by the IIMA Case Centre and co-authored by Sourav Borah, Associate Professor of Marketing at IIMA, and Dr Aparna Kansal of IMT Ghaziabad. IIMA case studies are used across management and executive education programmes to help students and business leaders analyse strategic decision..

Advait Energy and MEIL Partner for Energy Transition Projects

Advait Energy Transitions Limited (AETL) and Manipal Energy Infratech Limited (MEIL), a company of The Manipal Group, have entered into a strategic Memorandum of Understanding (MoU) to collaborate on power and energy transition opportunities across India and international markets.The partnership aims to combine AETL’s expertise in innovative energy technologies and manufacturing with MEIL’s EPC execution capabilities and project management experience. The collaboration will focus on opportunities across Power Transmission & Distribution, Renewable Energy, Battery Energy Storage Systems..