VinFast officially opens its electric vehicle manufacturing facility in Tamil Nadu, India, aiming for an annual production capacity of 150,000 units.
VinFast, the Vietnamese electric vehicle (EV) manufacturer, is making significant strides in India with its recently opened factory in Tamil Nadu. The facility, designed to produce electric SUVs, has ambitious plans for annual production capacity expansion and job creation.
Production Capacity Expansion
The factory's initial annual capacity stands at 50,000 units, but VinFast has plans to scale up production to 150,000 vehicles per year based on market demand 1, 2, 3.
Job Creation
The plant is expected to create over 3,000 direct jobs and thousands of indirect roles across the regional supply chain 1, 2, 5.
Local Integration and EV Ecosystem Development
VinFast aims to set up showrooms and service centers across India and collaborate with local companies for charging infrastructure and repair services. The company's ultimate goal is to reduce costs and enhance operational efficiency 2.
To develop the Tamil Nadu region into the "EV capital of South Asia," VinFast plans to partner with the local government to foster a sustainable and efficient EV ecosystem 1, 3.
Regional Export Potential
VinFast intends to leverage its Tamil Nadu facility as a major export hub for South Asia, the Middle East, and Africa. The company has secured initial orders from several countries in these regions, and its proximity to major ports in Tamil Nadu enhances its export capabilities 1, 3, 5.
By establishing a strong manufacturing base in India, VinFast aims to expand its market presence across Asia, contributing to its global sales targets, such as reaching 200,000 vehicles by the end of 2025 and achieving an annual output of 1 million vehicles by 2030 1, 3, 5.
Pham Sanh Chau, CEO of VinFast Asia, stated that the Tamil Nadu factory establishes a strong foundation for long-term growth in India and beyond.
In addition to vehicle production, VinFast's broader plans for India include the development of an integrated EV ecosystem, including distribution, after-sales services, and battery recycling. The company has already partnered with RoadGrid, myTVS, Global Assure, and BatX Energies for service and support infrastructure, battery recovery, and reuse.
VinFast's EV models, such as the VF e34, VF9, VF7, VF8, VF3, and VF6, will be produced at the Tamil Nadu facility, with the factory focusing on the production of electric SUVs, specifically the VF 6 and VF 7 1.
The company's commitment to a circular economy practice is evident in its efforts to emphasize indigenous sourcing and partnerships with suppliers in India. This approach not only supports local businesses but also reduces environmental impact by minimizing transportation costs and carbon emissions.
As VinFast continues to expand its operations in India, it is poised to make significant contributions to the country's industrial upskilling and green mobility aspirations while creating jobs and fostering a sustainable EV ecosystem.
The factory's plans for annual production capacity expansion aim to scale up from 50,000 to 150,000 vehicles per year, based on market demand, in a bid to meet increasing demands for electric vehicles (1, 2).
The plant's expected job creation of over 3,000 direct jobs and thousands of indirect roles across the regional supply chain will contribute to Tamil Nadu's industrial growth and green mobility aspirations (1, 2, 5).
