Ford Chennai Plant on VinFast’s Radar for India Entry

Vietnamese automaker VinFast is actively exploring options to establish its manufacturing base in India.

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VinFast, a prominent Vietnamese electric vehicle manufacturer, is actively considering the Ford India factory in Chennai as part of its global expansion strategy.

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VinFast envisions India not only as a domestic market but also as a vital export base, particularly for right-hand drive markets in the latter part of this decade.

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VinFast’s goal in India is to establish a manufacturing facility capable of producing a minimum of 100,000 units.

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VinFast has achieved remarkable success in its home market of Vietnam and has expanded its presence to the United States and Europe.

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Their vision includes establishing India as a key export hub, leveraging Tamil Nadu’s automotive ecosystem for their manufacturing endeavors.

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