VinFast Auto, Vietnam's leading electric vehicle manufacturer, celebrated a momentous occasion with the groundbreaking ceremony for its first manufacturing facility in India. This ceremony not only signifies a major leap in VinFast's global expansion but also reaffirms its commitment to driving the transition to green mobility locally and worldwide. The groundbreaking ceremony was graced by M. K. Stalin, Chief Minister of Tamil Nadu, Dr. T. R. B. Rajaa, Minister for Industries, Government of Tamil Nadu, V. Arun Roy IAS, Industries Secretary, Member of Parliament - Thoothukudi constituency, Ministers of state, MLAs, senior representatives from the State government and the VinFast India leadership team.
Spanning 400 acres, the new integrated EV plant will be constructed at the State Industries Promotion Corporation of Tamil Nadu industrial estate in Thoothukudi, southern Tamil Nadu. This manufacturing facility is part of the initial INR 4,000 crore investment in the project, which will be implemented over the next five years.
Commenting on this historic milestone, Mr. Pham Sanh Chau, CEO, VinFast India, said: “VinFast's groundbreaking ceremony for its plant in Thoothukudi, Tamil Nadu marks a significant step towards sustainable and green mobility in India. By establishing an integrated electric vehicle facility, the company's commitment to job creation, green transportation and strategic partnerships solidifiesThis milestone strengthens the bonds between the robust economies of Vietnam and India, and underscores VinFast's dedication to a zero-emission transportation future, setting the stage for economic growth, innovation, and environmental sustainability in the region.”
Dr. T. R. B. Rajaa, Honourable Minister for Industries, Investment Promotion & Commerce, Government of Tamil Nadu, added: “VinFast’s entry into India reaffirms Tamil Nadu’s progressive industrial policies and its role as a global automotive innovation and manufacturing hub. Tamil Nadu will match VinFast’s ambitious growth plans in the country and is committed to making zero-emission mobility widely accessible. We believe the project will substantially contribute to the local economic advancement, job creation, and technical skill development of the people of Tamil Nadu.”
VinFast's venture in India is part of its strategic global expansion plan, aiming to tap into the rapidly growing electric vehicle segment in India, the world's third-largest vehicle market by volume. The integrated electric vehicle facility in Thoothukudi is projected to produce around 150,000 cars annually and will contribute to the region's economic growth, providing employment opportunities for a 3,000 to 3,500-strong workforce.Additionally, the company aims to maximize localization from the outset and collaborate with the best supplier base globally.
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