Vietnamese Automaker VinFast Launches EV Assembly Plant in Tamil Nadu

Vietnam-based electric vehicle maker VinFast has inaugurated its EV assembly plant in Thoothukudi, Tamil Nadu, as per news reports. The plant was opened by Chief Minister M.K. Stalin, who noted that it was completed in 17 months from the date of the MoU signing. 

Investment Spread Over Phases

VinFast plans to invest ₹16,000 crore in India in multiple phases. Of this, ₹1,300 crore has already been spent during the initial phase. An additional ₹4,000 crore is expected to be invested soon to expand the facility. The company intends to eventually upgrade it into a full-scale manufacturing unit.

In its first phase, the plant will assemble 2 EV models, VF 7 and VF 6. The annual production capacity starts at 50,000 vehicles and can be scaled up to 150,000 units depending on demand. This is VinFast’s first operational facility in India and its third globally.

VinFast Job Creation and Local Hiring

Around 3,500 jobs are expected to be created through this project. The state government stated that 80-90% of the workforce will be hired locally from Thoothukudi and surrounding areas. The development is also expected to support the local EV component supply ecosystem.

Thoothukudi is being developed as an export hub for VinFast’s EVs. The company evaluated 15 sites across 6 Indian states before selecting Tamil Nadu. As per reports, the plant could lead to the formation of a new industrial cluster in the southern part of the state.

Part of Global Expansion

The Thoothukudi plant marks the 5th global project in VinFast’s manufacturing network. Apart from India, the company has operational units in its home country and elsewhere in Asia.

Read More: After Surat, Vietnamese EV Maker VinFast Opens New Showroom in Chennai!

Conclusion

The commissioning of the Thoothukudi unit marks VinFast’s formal entry into the Indian EV space. The plant begins with assembly operations and is expected to scale both in capacity and manufacturing scope in the coming years.

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