India, Dec. 4 -- Update | December 4, 22:00 IST
Vietnam-based VinFast has now signed an MoU with the Tamil Nadu government to expand its Thoothukudi facility, marking an extension of its India roadmap.
The MoU would see the Government of Tamil Nadu allocate approximately 500 acres of land adjacent to its existing facility in Thoothukudi. The state will also provide support in securing required permits and in establishing essential infrastructure connections such as electricity, water, internal road access, drainage, and waste management.
"As the second phase of its existing $2 Bn commitment, VinFast will invest $500 Mn in Thoothukudi to develop new dedicated workshops and production lines for electric buses and e-scooters, covering man...
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