VinFast, the electric vehicle manufacturer owned by Vingroup JSC, signed a memorandum of understanding (MoU) with the Government of Tamil Nadu on 4 December 2025 to expand its Thoothukudi manufacturing facility. The agreement allocates additional land for new production capacity and marks the second phase of the company’s previously announced USD 2 billion commitment in […]
VinFast has officially inaugurated its first electric vehicle (EV) assembly plant outside Vietnam, located at the SIPCOT Industrial Park in Thoothukudi (Tuticorin), Tamil Nadu. Spanning 400 acres (160 hectares), the facility began operations on August 4, 2025, with an initial assembly capacity of 50,000 vehicles per year, scalable to 150,000 units. The plant was developed in just 15 months from […]
Uno Minda Limited, a supplier automotive components and systems, has completed the acquisition of the e‑Drives business assets in Vietnam from Friwo Vietnam Company Limited. The transaction was executed via its wholly owned step‑down subsidiary, Minda Industries Vietnam Company Limited, and finalized on 22 July 2025. This deal marks part of Uno Minda’s broader international expansion […]
Meiko Electronics, a Japan-based manufacturer of printed circuit boards (PCBs), is investing approximately USD 350 million in a new production facility in Vietnam’s Hoa Binh Province, with the output destined for iPhone assembly operations in India. The plant is expected to begin operations in the 2026 fiscal year and will produce a new generation of […]
Škoda Auto is expanding its international operations by supplying completely knocked-down (CKD) kits from its logistics hub in Pune, India, for local assembly in Vietnam. The company, in partnership with Thanh Cong Group, has commenced assembly of the Kushaq SUV, with production of the Slavia sedan scheduled to begin in the summer. The CKD kits […]
Keltron, a state-run electronics manufacturer, has received a contract to design and produce 336 low-frequency ultrasonic transducer elements for the Vietnamese Navy. The contract was awarded through Mumbai-based Neo Power, according to Kerala Industries Minister P Rajeev. Keltron has been actively involved in defense manufacturing, securing various contracts in the sector. In October 2024, the […]
Vietnamese electric vehicle manufacturer VinFast has announced a $500 million investment over five years to construct a car and battery manufacturing facility in Tamil Nadu, India. The plant, currently under construction in Thoothukudi, is expected to be completed by the second half of 2025. It will have an initial production capacity of 50,000 vehicles annually, […]
