Chennai: Fifty days after signing a Memorandum of Understanding with the Tamil Nadu government, Vietnamese electric vehicle maker VinFast on Sunday began work on building its first India factory in the port city Thoothukudi by holding a ground breaking ceremony.
The integrated electric vehicle and battery manufacturing unit will come up in an area of 380 acres at an industrial estate owned by the State Industries Promotion Corporation of Tamil Nadu (SIPCOT) in Silanatham village. Chief Minister M K Stalin and VinFast India CEO Pham Sanh Chau attended the ground breaking ceremony, which comes within two months of the two sides signing the MoU on January 7, 2024.