According to the Memorandum of Understanding (MOU), both parties will collaborate to explore strategic partnership opportunities across multiple sectors, including smart cities, manufacturing, healthcare, education, tourism, renewable energy, and charging infrastructure across approximately 2,500 hectares in Telangana, alongside green taxi services.
Specifically, in the green transportation sector, Vingroup proposes to launch India’s first large-scale Green SM Electric Taxi model in Telangana, integrated with a smart mobility platform. Additionally, the conglomerate may explore potential opportunities related to electric vehicle manufacturing initiatives in the future.
In urban development, Vingroup aims to construct a sustainable smart megacity spanning 1,080 hectares, providing housing for approximately 200,000 residents. The project is expected to generate around 10,000 jobs and will feature low-rise and high-rise buildings, along with a world-class “all-in-one” amenity system.
In social infrastructure, the group proposes to develop essential facilities on approximately 70 hectares, including Vinschool K-12 schools, Vinmec international general hospitals, and a network of V-Green electric vehicle charging stations.
In tourism and entertainment, through VinWonders, Vingroup aims to build a theme park complex, zoo, and semi-wildlife safari park on approximately 350 hectares, contributing to Telangana’s tourism infrastructure and creating numerous local jobs.
In renewable energy, via VinEnergo, Vingroup proposes to invest in a 500 MW solar power project covering around 485 hectares, providing stable green energy for the urban area, industrial zones, and the entire electrified transportation ecosystem.
Beyond these initiatives, Vingroup also proposes to develop strategic connectivity infrastructure to enhance regional linkages and improve urban spatial development capabilities.
On the government side, Telangana commits to supporting land acquisition, overall planning coordination, project structuring, procedural resolutions, and mobilizing relevant agencies to prepare necessary connectivity infrastructure. The state government will also consider applying current policy incentives and partnering with Vingroup throughout the research and implementation phases to ensure project timelines and effectiveness.
Mr. A. Revanth Reddy, Chief Minister of Telangana, stated: “Vingroup’s $3 billion investment is a powerful testament to the confidence in our ‘Telangana Rising’ vision, particularly our focus on sustainable urban development and green infrastructure. The state government is committed to expediting implementation to ensure this globally ambitious vision becomes a local reality.”
Mr. Pham Sanh Chau, CEO of Vingroup Asia and VinFast Asia, remarked: “Vingroup sees immense potential in Telangana and aims to be a long-term partner with the state government. With our proven expertise in large-scale megacities, infrastructure, and comprehensive electric vehicle ecosystems, we believe our collaborative projects with Telangana will deliver tangible value, drive sustainable development, and enhance the quality of life for residents.”
Telangana is a key state in India with a population of approximately 38.5 million. As the technological and economic hub of South India, Telangana attracts global investors with its dynamic business environment and strong growth potential, particularly in the software sector.
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