VinFast Enters India with Locally Assembled EVs, $500M Plant Investment, and Pan-India Sales Network
06 Sep 2025 | 4843 Views | By Prerna Lidhoo
Vietnamese conglomerate Vingroup’s car brand, VinFast, has officially entered the Indian market with the launch of its VF6 and VF7 electric SUVs at introductory prices of ₹16,49,000 for the VF6 and ₹20,89,000 for the VF7. Vietnam’s biggest car brand, with a 36% market share, says India is an essential market ...
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Vietnamese conglomerate Vingroup’s car brand, VinFast, has officially entered the Indian market with the launch of its VF6 and VF7 electric SUVs at introductory prices of ₹16,49,000 for the VF6 and ₹20,89,000 for the VF7. Vietnam’s biggest car brand, with a 36% market share, says India is an essential market for its global expansion. “This is a milestone in our extraordinary journey of belief—that premium e-mobility should be accessible to everyone,” said Pham Sanh Chau, CEO of VinFast Asia. “For us, India is not just another market, but essential to our mission. With its scale, India can lead the global electric revolution.”
Both models come with a 10-year / 2 lakh km warranty on the vehicle and battery pack, free charging until July 2028, and three years of free maintenance, to woo Indian buyers. VinFast emphasized that its India strategy goes beyond simply selling cars. “We have a customer-first approach, which involves adapting to local norms and expectations. We will also focus on building a robust charging and after-sales infrastructure,” he adds. The company plans to expand into 27 major cities with 35 showrooms by end-2025.
Globally, VinFast has expanded into 16 countries and is now pursuing its India expansion with a $500 million investment in its Thoothukudi, Tamil Nadu plant — part of a larger $2 billion India commitment. This facility will serve both domestic buyers and export markets across Southeast Asia and Africa, with an initial production capacity of 50,000 EVs annually. The VinFast VF6 will rival the Tata Curvv EV, Hyundai Creta Electric, and Mahindra BE.6, while the VinFast VF7, its larger sibling, will be positioned against the Hyundai Ioniq 5, BMW iX1 LWB, etc.