Vietnam's Vingroup to develop $3 billion ecosystem in Telangana, strengthens India push

Reuters
2025.12.09 04:18
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Vietnam's Vingroup plans a $3 billion investment in Telangana, India, to develop a multi-sector ecosystem covering smart urban development, electric mobility, healthcare, education, tourism, and renewable energy. This marks Vingroup's largest investment outside Vietnam, expanding its presence in India alongside its VinFast facility in Tamil Nadu. The Telangana government will support land allocation and approvals. Vingroup's expansion has increased its debt to $12.35 billion, despite reporting a net profit of 7.565 trillion dong for the first nine months of 2025.