Current Affairs - National - Discussion

Cochin Shipyard Limited (CSL) entered into a strategic MoU with HD Korea Shipbuilding & Offshore Engineering to strengthen India’s maritime sector. As part of this collaboration, CSL is investing ₹3,700 crore in a Block Fabrication Facility (BFF) in Kochi, which will support the construction of large commercial vessels and create around 2,000 direct jobs. Additionally, CSL plans to establish a ₹15,000 crore shipyard in Tamil Nadu, expected to generate 10,000 jobs. These initiatives not only boost India’s shipbuilding capacity but also align with the nation’s long-term vision of becoming a global maritime hub.