VinFast - Vietnam's leading electric vehicle manufacturer has just officially broken ground on the first integrated electric vehicle factory in Tamil Nadu state, India, providing job opportunities for about 3.500 local workers. Building a factory in the world's third largest automobile market also affirms VinFast's potential and strong determination in its strategy of greening global transportation.
Chief Minister of Tamil Nadu state, grandfather MK Stalin, General manager VinFast India, grandfather Pham Sanh Chau and Tamil Nadu state officials performed the groundbreaking ceremony for the VinFast factory.
The groundbreaking ceremony was attended by Mr. MKStalin, Chief Minister of Tamil Nadu; Mr.Dr. TRB Rajaa, Minister of Industries, Government of Tamil Nadu; Mr. V. Arun Roy, Minister of Industry, Member of Parliament for Thoothukudi region; Members of the Legislative Assembly of the state of Tamil Nadu, officials and senior representatives of the State Government, and leaders of VinFast in India.
The integrated electric vehicle factory has a scale of 160 hectares, located at the industrial park of the Tamil Nadu Industrial Promotion Corporation (SIPCOT) in Thoothukudi, southern Tamil Nadu state. The project has a total initial investment of 500 million USD within 5 years, expected capacity of 150.000 vehicles/year, creating job 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 positive momentum for local economic growth.
Chief Minister of Tamil Nadu state, grandfather MK Stalin congratulated General manager VinFast India, grandfather Pham Sanh Chau at the groundbreaking ceremony of VinFast factory.
Mr. Pham Sanh Chau, General Director of VinFast India, said: “The groundbreaking ceremony of VinFast's factory in Thoothukudi is a big step towards green and sustainable mobility in India. The factory construction, commitment to creating jobs and promoting green mobility have increased VinFast's position in the electric vehicle industry. This important milestone strengthens the Vietnam - India economic relationship, while emphasizing VinFast's contribution to a zero-emission future, creating a foundation for economic growth, innovation and sustainability in the region. ”
Mr.Dr. TRB Rajaa, Minister of Industry of Tamil Nadu, said: “VinFast's entry into the Indian market is an affirmation of Tamil Nadu's progressive industrial policies, recognizing its role as an innovation hub. and the state's global auto manufacturing. Tamil Nadu's vision aligns with VinFast's aggressive growth strategy in India, and its commitment to making sustainable mobility more accessible to everyone. We believe that the project will contribute greatly to local economic growth, providing employment opportunities and skills development for the people of Tamil Nadu.”
A large number of guests and media from Tamil Nadu state attended the event
India is one of the key markets in VinFast's global expansion plan. Investing in building a factory in Tamil Nadu state not only aims to seize opportunities from the world's third largest automobile market, but also affirms VinFast's global stature, making an important addition to the production ecosystem. around the world, including an existing factory in Vietnam, a factory under construction in the US and a factory to be built in Indonesia.
Besides opening a factory, VinFast also plans to establish a nationwide dealer network to build brand recognition and quickly connect with customers across India. With the commitment of "good cars - good prices - excellent after-sales", VinFast hopes to contribute to the rapid popularization of electric vehicles in the country of billions of people, contributing to actively promoting the comprehensive strategic partnership between Vietnam and India. /.
Vietnam.vn
