Cochin Shipyard Signs MoU with South Korea’s KSOE to Boost India’s Shipbuilding Capabilities

Published on July 07, 2025
Current Context: On 4th July 2025, Cochin Shipyard Limited (CSL) signed a Memorandum of Understanding (MoU) with HD Korea Shipbuilding & Offshore Engineering (KSOE) in Kochi.
Cochin Shipyard Signs MoU with South Korea’s KSOE to Boost India’s Shipbuilding Capabilities
  • The MoU aims to boost India’s shipbuilding capabilities through long-term collaboration in commercial vessels, naval platforms, and offshore infrastructure.
  • Key areas include joint project exploration, technical knowledge exchange, capacity enhancement, and workforce upskilling.
  • KSOE, a global leader managing Hyundai Heavy Industries and others, brings world-class expertise to the partnership.
  • The initiative aligns with Maritime India Vision 2030 and Maritime Amrit Kaal Vision 2047, supported by the ₹25,000 crore Maritime Development Fund.
  • This strategic alliance is expected to position India as a global maritime hub through innovation and self-reliance.

Question:

Q.1 What is the primary objective of the MoU signed between Cochin Shipyard Limited (CSL) and Korea Shipbuilding & Offshore Engineering (KSOE)?
a) Joint development of nuclear submarines
b) Strengthening India’s capabilities in shipbuilding and offshore infrastructure
c) Promoting inland waterways
d) Export of Indian ships to Korea

Answer: b) The MoU aims at long-term collaboration in commercial vessels, naval platforms, and offshore infrastructure, focusing on knowledge exchange, capacity building, and innovation.
IBPS RRB Scale II GBO Course 2025

About Me

Ramandeep Singh

Ramandeep Singh

Educator & Banking Expert

I'm Ramandeep Singh, your guide to banking and insurance exams. With 14 years of experience and over 5000 successful selections, I understand the path to success firsthand, having transitioned from Dena Bank and SBI. I'm passionate about helping you achieve your banking and insurance dreams.

14+
Years Experience
5000+
Selections
Ex-BoB
Banker
Close Menu
Close Menu