indo-asian news service, Ulsan (South Korea), May 19: Prime Minister Narendra Modi, on a visit to the Hyundai Heavy Industries Shipyard at Ulsan, said that shipbuilding is a “top priority” for India.
Modi, who arrived at Ulsan from Seoul, met top officials of Hyundai Shipyard, one of the biggest ship construction companies in the world.
“Shipbuilding is a top priority for us.” PM @narendramodi tells Kil Seon Choi Chairman of Hyundai Heavy Industries,” external affairs ministry spokesperson Vikas Swarup tweeted.
“And wrapping up with a site visit to one of the largest shipyards in the world. PM at HHI’s Ulsan facility,” he tweeted.
“At the forefront of maritime engineering. PM visits Hyundai Heavy Industries Headquarters in Ulsan,” he said. Modi also met members of the Indian community at Hyundai Heavy Industries Shipyard.
On Monday, Modi invited South Korean investment in areas like shipbuilding, including LNG tankers. Both countries are to set up a Joint Working Group on shipbuilding.
Hyundai Heavy Industries (HHI) is one of the biggest ship construction companies in the world. Its ship manufacturing facility in Ulsan, a South Korean city located on the south-eastern tip of the Korean Peninsula, is the largest shipyard in the world.
India new bright spot of hope
Prime Minister Narendra Modi said Tuesday that India “is the new bright spot of hope” for the region and the world and that the country’s progress will help make the Asian dream “a bigger reality”. Addressing the Asian Leadership Forum, at Seoul, which was also attended by South Korean President Park Geun-hye, UN Secretary General Ban Ki-moon and Sheikha Mozah of the Qatar royal family, Modi said that India’s progress will be an Asian success story. He said India’s annual growth has rebounded to 7.5 percent and it was poised to grow further.