Tamil Nadu Welcomes Electric Vehicle Revolution: VinFast Manufacturing Plant

Thoothukudi, Tamil Nadu: In a momentous event, Chief Minister of Tamil Nadu, M.K. Stalin, laid the foundation stone today (February 25, 2024) for the construction of a new electric vehicle (EV) manufacturing plant by Vietnamese company VinFast Auto Limited in the SIPCOT-Sillananthangal industrial park, Thoothukudi district.

Key Highlights:

  • The plant will be established with an initial investment of ₹4,000 crores.
  • It will create employment opportunities for 3,500 individuals.
  • The facility will be an integrated EV manufacturing plant.
  • This project marks a significant step towards propelling Tamil Nadu as a leader in electric vehicle production.

Chief Minister M.K. Stalin’s address:

  • Emphasized the project’s potential to fuel economic growth in Tamil Nadu.
  • Expressed aspirations for Tamil Nadu to emerge as a leading state in EV production.
  • Highlighted the creation of employment opportunities for the youth.
  • Underscored the positive impact on environmental sustainability in the state.

Speech by VinFast CEO Le Yat Thuy:

  • Expressed gratitude to the Tamil Nadu government for its support in setting up the plant.
  • Committed to the production of world-class electric vehicles at the facility.
  • Pledged VinFast’s contribution to the electric vehicle revolution in Tamil Nadu.

Conclusion:

The establishment of the VinFast EV manufacturing plant in Thoothukudi is expected to play a pivotal role in driving economic growth and solidifying Tamil Nadu’s position as a frontrunner in electric vehicle production.

#TamilNadu #EV #VinFast #Employment #EconomicGrowth

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