• VinFast launches its first EV plant in India at SIPCOT, Thoothukudi, with 50,000-unit annual capacity.
• Premium EVs VF 6 and VF 7 to be assembled for domestic and export markets.
• 35 dealerships in 27 cities planned; Chennai showroom already inaugurated.

Tamil Nadu Chief Minister M.K. Stalin on Monday dedicated VinFast's initial electric vehicle (EV) production facility in India at the SIPCOT industrial complex in Sillanatham, Thoothukudi. Covering 408 acres, the unit is the third plant for the Vietnamese auto manufacturer globally and the first on the Indian subcontinent.

With the initial capacity of 50,000 EVs per year, the company will expand to 150,000 units based on market demand. VinFast's VF 6 and VF 7 high-end electric SUV models will be produced at the factory for the local market as well as export.

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VinFast's strategic foray into India resonates with India's increasing efforts towards electric mobility and indigenous manufacturing. Tamil Nadu was chosen due to a robust industrial ecosystem, trained manpower, and superior port connectivity. Tamil Nadu State Industries Minister T.R.B. Raaja said the project had the potential to initiate the emergence of a new EV industrial cluster in South Tamil Nadu, further augmenting India's goal as a world-scale manufacturing hub.

It has initiated talks with Vietnamese and local component makers to extend localization at its Indian plant. On the global front, VinFast has sold 97,399 EVs in 2024 and has a target of selling 200,000 units in 2025. Alone in H1 2025, it sold around 72,100 units, mostly in Vietnam.

Pre-bookings for the VF 6 and VF 7 opened in India on July 15 with a refundable deposit of Rs 21,000. VinFast also plans to establish 35 dealerships across 27 cities and recently launched its largest showroom in India  a 4,700 sq ft space in Chennai’s Teynampet  to showcase its upcoming models.