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VinFast is in talks to boost local sourcing in India as its first Indian plant opens

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VinFast is in talks to boost local sourcing in India as it opens its first plant in Thoothukudi. CEO Pham Sanh Chau confirmed discussions with component makers, some considering shifting production to India. Backed by a $2B deal with Tamil Nadu, the plant targets 1.5 lakh vehicles annually and export orders from Sri Lanka, Nepal, and Mauritius. VinFast plans Indian showroom launches and aims for 2 lakh global deliveries in 2025.

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