· Manufacturing & Investment · Source: pressreader.com

Vin­Fast keen on govt EV scheme after TN foray

Vietnam-based EV manufacturer VinFast has expressed interest in joining India’s SPMEPCI scheme following its $500 million investment in Tamil Nadu. The company aims to scale localisation, reduce costs, and strengthen competitiveness while engaging Indian auto component suppliers. VinFast plans to apply for eligible incentives as it expands its manufacturing footprint in the state.

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