Intentar ORO - Gratis
Open to full-fledged production in India
Financial Express Chennai
|August 05, 2025
VIETNAMESE EV MAKER VinFast aims to turn its $2-billion manufacturing plant in Tuticorin, Tamil Nadu, to a full-fledged manufacturing setup.
-
VinFast Asia CEO Pham Sanh Chau tells Narayanan V, during an interaction with the press, that the decision to scale up the facility will be based on volumes.
Plans to upgrade to full-fledged manufacturing: Of course, we have plans to upgrade the facility. At the end of the day, if you want to bring down the cost and be a champion in the Indian market, we need to shift to a full-fledged manufacturing setup.
At this stage, we have only the body shop, paint shop, and assembly line—so it's somewhere between CKD and local manufacturing. Full local manufacturing will happen only when we bring in the stamping shop. But that requires a huge investment, because stamping parts and welding them locally is capital-intensive. So, we will take that decision based on volume.
Esta historia es de la edición August 05, 2025 de Financial Express Chennai.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE Financial Express Chennai
Financial Express Chennai
Pick. Drop. Repeat
GIG WORKERS ARE OFTEN AT THE MERCY OF ALGORITHMIC MANAGEMENT PRACTICES THAT EXHIBIT BIAS AND NEGATIVELY IMPACT THEIR EARNINGS
3 mins
January 10, 2026
Financial Express Chennai
Fx reserves drop $9.8 bn, biggest dip in 14 months
FOREIGN EXCHANGE RESERVES recorded their biggest weekly drop in 14 months as the Reserve Bank of India (RBI) sold dollars to support a weakening rupee, analysts said.
1 min
January 10, 2026
Financial Express Chennai
DeepSeek to launch new AI model in Feb
IT WILL FEATURE STRONG CODING CAPABILITIES
1 min
January 10, 2026
Financial Express Chennai
Experts peg FY27 gross tax revenue growth at 9.5%
Experts peg FY27 gross tax revenue growth at 9.5%
2 mins
January 10, 2026
Financial Express Chennai
Trade deal stalled as Modi didn't call Trump: US Commerce Secy
A TRADE PACT between India and the United States stalled last year because Prime Minister Narendra Modi did not make a telephone call to President Donald Trump ahead of a deal, US Commerce Secretary Howard Lutnick said on Friday.
1 min
January 10, 2026
Financial Express Chennai
Pilot training lapses: IndiGo loses appeal against DGCA
INDIGO ON FRIDAY said an appellate authority has rejected its appeal against regulator DGC's penalties on two senior executives of the airline for alleged failure to use qualified simulators for pilot training at certain airports.
1 min
January 10, 2026
Financial Express Chennai
Record ₹8L-cr m-cap loss in 9 days
BENCHMARK EQUITY INDICES extended losses for a fifth consecutive session on Friday, as investors remained in a risk-off mode amid US-India trade concerns and escalating geopolitical tensions.
1 min
January 10, 2026
Financial Express Chennai
Bonds fall for 2nd week over supply concerns
GOVERNMENT BONDS ENDED down on Friday, and also moved lower for a second consecutive week as a new debt auction added to supply amid tepid demand and record borrowings this quarter.
1 min
January 10, 2026
Financial Express Chennai
Doors open for fundraising via banks
SENIOR EXECUTIVES AT large public sector banks (PSBs) said on Friday that the government's AGR moratorium for Vodafone Idea has provided lenders some comfort on incremental exposure, though formal discussions with the telco are yet to begin.
1 min
January 10, 2026
Financial Express Chennai
Delhi sees coldest Jan morning since 2024
SINCE 2024, DELHI recorded its coldest January morning on Friday, with a biting chill gripping the city as temperatures dropped to their lowest levels so far this winter, according to the India Meteorological Department.
1 min
January 10, 2026
Listen
Translate
Change font size