According to local sources, VinFast is exploring the possibility of establishing another manufacturing facility in India.
Reports from Maharashtra’s media outlets indicate that Pham Sanh Chau, CEO of VinFast Asia, has held several meetings with state officials to discuss long-term investment and collaboration opportunities in green mobility solutions.
Pham Sanh Chau, CEO of VinFast Asia, previously served as Vietnam’s Ambassador to India, Nepal, and Bhutan from 2018 to 2022.
Maharashtra’s government has warmly welcomed VinFast’s interest, stating that the establishment of a manufacturing plant would create jobs and enhance the state’s position as it pushes for green energy and sustainable industries.
Local media also reports that VinFast has thoroughly evaluated Maharashtra’s industrial ecosystem, infrastructure, and strategic location, deeming it an ideal site for expansion in India.
VinFast VF 6 undergoing testing in India. Photo: Carwale
Meanwhile, Maharashtra is positioning itself as India’s electric vehicle hub. Located on the western coast of India, the state boasts seaports ideal for trade and is over 1,200 km from Tamil Nadu by road.
VinFast has already established and operationalized an assembly plant in Tamil Nadu, with an investment of approximately $2 billion over five years. The 160-hectare facility has an initial capacity of 50,000 vehicles annually, scalable to 1,000,000 by 2030.
VinFast’s Tamil Nadu plant commenced operations on August 4th.
Notably, the Tamil Nadu plant is designed to serve both domestic and export markets. If VinFast proceeds with a second plant in Maharashtra, it would underscore the company’s recognition of the region’s immense growth potential.
During the Tamil Nadu plant’s inauguration in early August, Pham Sanh Chau revealed that VinFast had received significant interest and initial orders from neighboring countries.
VinFast aims to position India as an export hub for South Asia, the Middle East, and Africa.
VinFast VF 6 and VF 7, assembled in India, are tailored to meet local preferences, differing significantly from models in Vietnam.
India’s automotive market is highly competitive, particularly for foreign brands. Established domestic brands enjoy strong loyalty, and Indian consumers prioritize value for money, presenting challenges for international players.
In an interview with Autocar India, Pham Sanh Chau highlighted VinFast’s unique advantage: the entire Vingroup ecosystem, including the Green Future electric vehicle rental model and charging station investments, will be introduced in India.
India, the world’s most populous nation, boasts the third-fastest economic growth globally. With a nominal GDP ranking fourth worldwide, it surpasses economies like the UK, France, and Russia.
Inside VinFast’s manufacturing facility.
VinFast has not yet officially confirmed plans for a second Indian plant.
In Vietnam, VinFast operates two plants with distinct roles. The Ha Tinh facility focuses on compact electric vehicles like the VF 3, while the Hai Phong plant produces premium models and supplies components to Ha Tinh.
Globally, VinFast has five operational or under-construction plants. The Hai Phong facility leads with a target capacity of 950,000 vehicles annually by 2026.
| # | Plant | Location | Area (ha) | Capacity (vehicles/year) | Investment | Purpose/Goal |
|---|---|---|---|---|---|---|
| 1 | VinFast Hai Phong | Hai Phong, Vietnam | 335 ha | 950,000 (target by 2026) | $6 billion (by Q1/2021) | Global production hub for diverse products (cars, buses, electric motorcycles, e-bikes) |
| 2 | VinFast Ha Tinh | Ha Tinh, Vietnam | 36 ha |
200,000 (2025) 400,000 (2027) |
~$240 million | Compact electric vehicles for domestic and export markets |
| 3 | VinFast USA | North Carolina, USA | 800 ha | 150,000 | Up to $2 billion | Serving North America, reducing import taxes and fees |
| 4 | VinFast India | Tamil Nadu, India | 160 ha | 150,000 | $2 billion (committed) | Entering the world’s third-largest EV market, expanding to neighboring regions |
| 5 | VinFast Indonesia | West Java, Indonesia | 171 ha | 50,000 | $200 million (initial investment) | Right-hand drive vehicles for ASEAN, optimizing regional benefits |
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