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VinFast's $2-bn Tamil Nadu plant begins EV production
Financial Express Lucknow
|August 05, 2025
VinFast on Monday operationalised its $2 billion electric vehicle (EV) plant at Thoothukudi in Tamil Nadu, marking the fastest manufacturing scale-up by any foreign carmaker in India.
VIETNAMESE AUTO GIANT VinFast on Monday operationalised its $2 billion electric vehicle (EV) plant at Thoothukudi in Tamil Nadu, marking the fastest manufacturing scale-up by any foreign carmaker in India.
The plant, its first in India and third globally, has been commissioned within 17 months of signing an agreement with the Tamil Nadu government.
"We feel very, very proud because this is the first manufacturing facility outside Vietnam," said Pham Sanh Chau, CEO of VinFast Asia. "We aim to develop it into VinFast's largest export hub for South Asia, the West Asia, and Africa."
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