VinFast Begins Production at India's First Vietnamese-Owned Auto Plant
VinFast's India plant represents a new South-South manufacturing corridor, with a Vietnamese company building EVs in India — a pattern that could reshape APAC's automotive supply chains.
Vietnamese EV maker VinFast has begun production at its new manufacturing plant in Tamil Nadu, India, marking the first Vietnamese-owned automobile factory in India. The $500 million facility has an initial annual capacity of 150,000 vehicles and will produce the VF e34 and VF 5 electric models for the Indian market. VinFast aims to leverage India's growing EV demand and competitive manufacturing costs.
VinFast's India plant represents a new South-South manufacturing corridor, with a Vietnamese company building EVs in India — a pattern that could reshape APAC's automotive supply chains.
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