Pratiksha Ghosh
June 1 2025/Vietnamese conglomerate Vingroup, which has already committed to establishing a $2 billion manufacturing facility in Tamil Nadu, is now exploring further investment opportunities in India. The company is reportedly in discussions with the governments of Andhra Pradesh and Telangana as part of its broader strategy to strengthen its footprint in the country.
Sources indicate that the Vingroup is assessing potential sites and incentives offered by both states to support its expansion plans, which may include setting up additional production units or logistic hubs. The initiative is part of the group’s ambition to become an important player in India's rapidly evolving electric vehicle and technology manufacturing sectors.
The Tamil Nadu plant, currently under development, is expected to serve as a key hub for Vingroup’s operations in South Asia.
Company officials have stated that India is a critical market for their long-term growth strategy, given its growing demand for green technology and robust industrial ecosystem.
State authorities in Andhra Pradesh and Telangana have welcomed the dialogue, citing their infrastructure, skilled workforce, and investor-friendly policies as strong incentives for global manufacturers.