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TODAY · ECONOMY · DAY 39

🚢 A ₹38,000 Crore Shipyard and a Space Facility for Thoothukudi

⏱ 2 min read · 310 words

An HD Hyundai Shipbuilding delegation met CM Vijay on a planned ₹38,000 crore shipbuilding project in Thoothukudi expected to create about 15,000 direct jobs. The State also signed an agreement with IN-SPACe for a common technical facility for space manufacturing at Allikulam.

📅 June 17, 2026 · Day 39 in Office · Secretariat, Chennai

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In short

An HD Hyundai Shipbuilding delegation met CM Vijay on a planned ₹38,000 crore shipbuilding project in Thoothukudi expected to create about 15,000 direct jobs. The State also signed an agreement with IN-SPACe for a common technical facility for space manufacturing at Allikulam.

Two landmark projects for southern Tamil Nadu came together at the Secretariat on Wednesday, June 17, 2026, in the presence of Chief Minister C. Joseph Vijay and Industries Minister S. Keerthana.

₹38,000 crShipbuilding investment
15,000Direct jobs
₹100 crSpace test equipment
ThoothukudiDistrict

The Shipyard

The Space Manufacturing Facility

Why It Matters

Together, a shipyard and a space park could make Thoothukudi one of India’s most important industrial hubs, bringing high-skill jobs to the south. The same day the Chief Minister also met Cognizant’s Rajesh Warrier and NASSCOM’s leadership, and reviewed the Transport Department.

📰 Related

Investment Shipbuilding Space Thoothukudi Day 39

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