VinFast - Vietnam's leading electric vehicle manufacturer has just officially broken ground on its first integrated electric vehicle factory in Tamil Nadu, India, creating employment opportunities for about 3,500 local workers. The construction of the factory in the world's third largest automobile market also affirms VinFast 's potential and strong determination in the global green transportation strategy.
Tamil Nadu Chief Minister MK Stalin, General Director of VinFast India Pham Sanh Chau and Tamil Nadu officials performed the groundbreaking ceremony of VinFast factory .
The groundbreaking ceremony was attended by Mr. MKStalin, Chief Minister of Tamil Nadu; Mr. TRB Rajaa, Minister of Industry, Government of Tamil Nadu; Mr. V. Arun Roy, Minister of Industry, Member of Parliament for Thoothukudi; Member of Legislative Assembly of Tamil Nadu, senior officials and representatives of the State Government, and leaders of VinFast in India.
The 160-hectare integrated electric vehicle manufacturing plant is located in the industrial park of the Tamil Nadu Industrial Promotion Corporation (SIPCOT) in Thoothukudi, southern Tamil Nadu. The project has an initial investment of USD 500 million over 5 years, with an expected capacity of 150,000 vehicles/year, creating employment opportunities for 3,000 - 3,500 people. In parallel with strengthening cooperation with the world's leading suppliers, VinFast also plans to promote the localization rate, contributing to creating a positive driving force for local economic growth.
Tamil Nadu Chief Minister MK Stalin congratulated VinFast India General Director Pham Sanh Chau at the groundbreaking ceremony of VinFast factory .
Mr. Pham Sanh Chau, CEO of VinFast India, said: "The groundbreaking ceremony of VinFast's factory in Thoothukudi is a major step towards green and sustainable mobility in India. The construction of the factory, the commitment to create jobs and promote green mobility has increased VinFast's position in the electric vehicle industry. This important milestone strengthens the Vietnam-India economic relationship and emphasizes VinFast's contribution to a zero-emission future, paving the way for economic growth, innovation and sustainability in the region."
“VinFast’s entry into India is a testament to Tamil Nadu’s progressive industrial policies, recognizing the state’s role as a global hub for automotive manufacturing and innovation. Tamil Nadu’s vision aligns with VinFast’s aggressive growth strategy in India and its commitment to making sustainable mobility accessible to all. We believe that the project will contribute significantly to the local economic growth, employment opportunities and skill development of the people of Tamil Nadu,” said Dr. TRB Rajaa, Minister of Industry, Tamil Nadu.
A large number of guests and media from Tamil Nadu attended the event.
India is one of the key markets in VinFast's global expansion plan. The investment in building a factory in Tamil Nadu state is not only to seize opportunities from the world's third largest automobile market, but also affirms VinFast's global stature, an important addition to the manufacturing ecosystem around the world, including the existing factory in Vietnam, the factory under construction in the US and the factory to be built in Indonesia.
In addition to opening the factory, VinFast also plans to establish a nationwide dealer network to build brand awareness and quickly connect with customers across India. With the commitment of "good cars - good prices - excellent after-sales service", VinFast hopes to contribute to the rapid popularization of electric vehicles in the country of a billion people, contributing to actively promoting the comprehensive strategic partnership between Vietnam and India. /.
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