Vingroup plans 1,000-acre smart city project in Telangana
SMART CITIES

Vingroup plans 1,000-acre smart city project in Telangana

Vietnamese conglomerate Vingroup, having established a 40 billion integrated electric vehicle (EV) manufacturing facility in Tamil Nadu through its group company VinFast, is now considering Telangana, particularly Hyderabad, for further expansion. The company is exploring the possibility of a 1,000-acre mega smart city project in and around Hyderabad and has started scouting for suitable locations.

The VinFast India leadership team, headed by CEO Pham Sanh Chau, met with Industries Minister D Sridhar Babu late last week to discuss potential investment areas, according to sources from the Telangana industries ministry. A source mentioned that VinFast is not only interested in the smart city project but is also considering establishing EV components manufacturing in the state.

The discussions focused on large-scale public key infrastructure projects, sustainable smart urban mobility solutions, services for future cities, and social housing initiatives. It was noted that the minister emphasised the urgent need to develop robust urban infrastructure, including new satellite cities equipped with clean water, reliable power, transportation systems, 5G-enabled smart mobility, healthcare, business infrastructure, and wellness and hospitality facilities supported by social housing.

Those familiar with the meeting also mentioned that the minister informed VinFast officials that Hyderabad is expected to house half of Telangana's population within the next 15 years due to rapid urban migration, which will significantly strain the city's existing infrastructure. This challenge is one the state government is seeking partners to address.

Vingroup is already undertaking a $ 1.3 billion smart city project on the outskirts of Hanoi, and the group's officials also informed the minister about their plans to develop similar smart cities in other parts of the world.

Vietnamese conglomerate Vingroup, having established a 40 billion integrated electric vehicle (EV) manufacturing facility in Tamil Nadu through its group company VinFast, is now considering Telangana, particularly Hyderabad, for further expansion. The company is exploring the possibility of a 1,000-acre mega smart city project in and around Hyderabad and has started scouting for suitable locations. The VinFast India leadership team, headed by CEO Pham Sanh Chau, met with Industries Minister D Sridhar Babu late last week to discuss potential investment areas, according to sources from the Telangana industries ministry. A source mentioned that VinFast is not only interested in the smart city project but is also considering establishing EV components manufacturing in the state. The discussions focused on large-scale public key infrastructure projects, sustainable smart urban mobility solutions, services for future cities, and social housing initiatives. It was noted that the minister emphasised the urgent need to develop robust urban infrastructure, including new satellite cities equipped with clean water, reliable power, transportation systems, 5G-enabled smart mobility, healthcare, business infrastructure, and wellness and hospitality facilities supported by social housing. Those familiar with the meeting also mentioned that the minister informed VinFast officials that Hyderabad is expected to house half of Telangana's population within the next 15 years due to rapid urban migration, which will significantly strain the city's existing infrastructure. This challenge is one the state government is seeking partners to address. Vingroup is already undertaking a $ 1.3 billion smart city project on the outskirts of Hanoi, and the group's officials also informed the minister about their plans to develop similar smart cities in other parts of the world.

Next Story
Infrastructure Transport

India’s Maha Kumbh of Road Construction

The RAHSTA Forum 2025, held on June 25 at Courtyard by Marriott, Mumbai, delivered powerful insights and dialogue on the future of India’s roads and highways sector. Organised by the FIRST Construction Council, the Forum served as the curtain-raiser to the much-anticipated RAHSTA Expo 2025, set to take place on 3rd and 4th September at the Jio Convention Centre, Mumbai.Union Minister of Roads Transport & Highways Shri Nitin Gadkari, while appreciating the efforts of FIRST Construction Council and ASAPP Info Global Group, commended the awards which recognise excellence across various..

Next Story
Real Estate

Built to Last, Designed to Impress

The construction and interior design industries stand at the confluence of functionality and aesthetics, where innovation powers the creation of enduring structures and inspiring spaces. At the heart of this process are materials and solutions that enable architects, designers, and builders to realise their visions with precision and reliability.Featuring iconic brands such as Fevicol—synonymous with adhesive solutions—Dr. Fixit, a complete waterproofing system renowned for addressing every critical area of construction, and Roff, a specialist in tile-fixing solutions, Pidilite has earned ..

Next Story
Infrastructure Energy

New Push to Cut India’s Air Pollution through Power Sector Reforms

In a significant stride toward environmental sustainability, Cummins India introduced CPCB IV+ compliant gensets to India on July 5, 2023, marking a paradigm shift in the power generation industry. These generators are engineered to adhere to the progressive emission norms set by the Ministry of Environment, Forest, and Climate Change. Being the first sets in the field, they have garnered praise for their remarkable achievements in emissions reduction and cutting-edge technology. Powerica, with its four-decade-long partnership with Cummins India Limited, is dedicated to consistently deliver th..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?