Location: Thoothukudi in the southern state of Tamil Nadu.
Investor: Hyundai Heavy Industries' shipbuilding division from South Korea.
Government support through the Shipbuilding Development Scheme.
Expected capacity of about 2.5 million gross tonnage of ships each year.
Focus on technology sharing and training for Indian workers.
The shipyard will cost about four billion dollars and will be the biggest in the country.
It will help make many new ships for the navy and for trade.
The project will also teach Indian workers new shipbuilding skills.
The plan should be ready in about six months.
Want to learn even more? Click here to read the full story!