Vingroup’s electric vehicle arm, VinFast, is ramping up its India entry with a US$2 billion (approx. Rs 167 billion) manufacturing facility underway in Thoothukudi, Tamil Nadu, and is now in talks with Andhra Pradesh and Telangana governments to expand its footprint.

VinFast plans to launch its VF6 and VF7 electric SUV models in India ahead of the festival season this year, marking its debut in the country’s fast-growing EV market. "We explored several locations before finalising Thoothukudi for its strategic proximity to a port and airport," said VinFast Asia CEO Pham Sanh Chau.

Beyond Tamil Nadu, discussions with Telangana and Andhra Pradesh are ongoing for potential new facilities. VinFast intends to scale operations in India, with a phased dealership rollout in Tier 2 and Tier 3 cities, based on demand.

Chau praised both central and state-level support, noting that work on the Tamil Nadu plant advanced rapidly over the past 15 months. He also cited strong historical ties between India and Vietnam, adding that “India’s current investment environment is highly attractive.”

Founded in 1993, Vingroup has grown into Vietnam’s largest private conglomerate with operations across EVs (VinFast), real estate (Vinhomes), hospitality (Vinpearl), education (Vinschool, VinUniversity), and healthcare (Vinmec). The company has already made strides in Indonesia, the Philippines, and the United States.