Which company has confirmed its intent to be the primary strategic investor in the Thoothukudi shipyard?
- A.Hyundai Motor India
- B.HD Korea Shipbuilding and Offshore Engineering
- C.Mitsui OSK Lines
- D.Cochin Shipyard Limited
Correct answer
Explanation
The correct answer is HD Korea Shipbuilding and Offshore Engineering, known as HD KSOE, which is the shipbuilding arm of HD Hyundai. At the Seoul meeting it repeated its strong intent to take part as the primary strategic investor, offering its global expertise in shipyard design, construction, advanced manufacturing and operations. Talks will now turn to the investment structure, equity participation and implementation arrangements, subject to due diligence and the necessary approvals. HD KSOE had signed a Memorandum of Understanding with the Indian partner on 20 April 2026, during the state visit of the President of the Republic of Korea, Lee Jae Myung. Option A names a car maker, option C a foreign shipping line and option D an existing Indian public sector shipyard; none of them is the strategic investor in this project. The Indian side of the venture is National Shipbuilding and Heavy Industries Park, Tamil Nadu Limited.
Read the full article: Thoothukudi Shipyard: Sonowal Meets HD Hyundai Chief in Seoul
Practice Questions
India's proposed mega greenfield shipyard, discussed in Seoul, is to be built at which place?
- A.Kandla, Gujarat
- B.Thoothukudi, Tamil Nadu
- C.Visakhapatnam, Andhra Pradesh
- D.Paradip, Odisha
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Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal met HD Hyundai Chairman Chung Ki-sun in Seoul and discussed the next steps for the greenfield shipyard proposed there.
Read the full explanation →How many vessels do India's public agencies plan to acquire in the coming years, as stated at the Seoul meeting?
- A.More than 100
- B.More than 250
- C.More than 400
- D.More than 900
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Speaking about demand within the country, Sarbananda Sonowal said the domestic market is booming and that public agencies are looking to acquire more than four hundred vessels in the years ahead.
Read the full explanation →In which two states did SECL carry out its Special Campaign 6 activities?
- A.Jharkhand and Odisha
- B.Chhattisgarh and Madhya Pradesh
- C.West Bengal and Jharkhand
- D.Maharashtra and Telangana
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South Eastern Coalfields Limited has its establishments in these two states and carried out its cleanliness, scrap disposal, space optimisation and record management work there under Special Campaign 6.
Read the full explanation →SECL, which surpassed its Special Campaign 6 targets, is a subsidiary of which company?
- A.NTPC Limited
- B.Coal India Limited
- C.NMDC Limited
- D.Steel Authority of India Limited
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South Eastern Coalfields Limited is one of its subsidiaries and works under the Ministry of Coal, with establishments spread across Chhattisgarh and Madhya Pradesh and its headquarters at Bilaspur.
Read the full explanation →How much revenue did SECL generate through scrap disposal under Special Campaign 6?
- A.About Rs 12.50 crore
- B.About Rs 26.17 crore
- C.About Rs 46.02 crore
- D.About Rs 72.00 crore
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South Eastern Coalfields Limited disposed of four thousand six hundred and two metric tonnes of scrap under Special Campaign 6, well above the target of three thousand three hundred metric tonnes, and that disposal earned the company revenue of roughly this amount.
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