Chennai: Vietnamese electric vehicle major VinFast has been allotted about 400 acres at an industrial estate owned by the State Industries Promotion Corporation of Tamil Nadu (SIPCOT) in Thoothukudi for its first India plant, ground breaking ceremony for which is scheduled on February 25.
The “in-principle” allotment of land at Silanatham SIPCOT in the port city, 620 km from Chennai, comes just a month after VinFast and the Tamil Nadu government signed a Memorandum of Understanding (MoU) for building an integrated facility to manufacture electric cars and batteries.
