Overview
- VinFast and the Tamil Nadu government signed an MoU to allocate about 200 hectares next to the SIPCOT Industrial Park facility in Thoothukudi.
- The investment will build dedicated workshops and production, assembly and testing lines for electric buses and e‑scooters.
- The company plans to scale output from roughly 50,000 vehicles a year toward about 150,000 units as the site expands.
- The state will streamline approvals and provide utilities, internal roads, drainage and waste systems, along with applicable incentives and statutory exemptions.
- The expansion broadens VinFast’s India lineup and advances localization and jobs while reinforcing its first overseas plant’s role in global growth, with the dealer network targeted to reach 35 outlets from 24 this year.