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VinFast enters fast lane ahead of India entry

Automotive Industries  -  Jul 11,2025  - 

VinFast is charging full steam ahead with its ambitious entry into the Indian market, setting the stage for a robust presence in one of the world's fastest-growing automotive landscapes. 

The company is taking a multi-pronged approach, focusing on local manufacturing, strategic partnerships, and a comprehensive ecosystem for EV adoption.

At the core of VinFast's India strategy is its manufacturing plant in Thoothukudi, Tamil Nadu. This facility is a substantial investment, with an initial commitment of US$500 million over five years as part of a larger US$2 billion plan. 

Construction is nearing completion, and the plant is expected to begin operations in the second half of 2025, with some reports indicating it might be operational as early as May-June 2025. 

The factory will have an initial annual production capacity of 50,000 vehicles, which can be scaled up to 150,000 units depending on market demand and export opportunities. 

This plant is envisioned not just for the Indian market but also as a potential export hub for the Middle East and Africa.

Company : VinFast