Vingroup Commits USD 3 Billion Investment for Smart City, EV, Solar and Tourism Projects in Telangana – EQ
In Short : Vietnam’s Vingroup has announced a USD 3 billion investment in Telangana to develop large-scale projects across smart cities, electric mobility, renewable energy, tourism, healthcare, and education. Spread over 2,500 hectares, the initiative includes India’s first electric taxi fleet, a 1,080-hectare smart city, and a 500 MW solar power project.
In Detail : Vietnamese conglomerate Vingroup has signed a Memorandum of Understanding with the Government of Telangana to invest USD 3 billion in developing an integrated multi-sector ecosystem across the state. The projects will cover smart urban development, electric mobility, renewable energy, tourism, healthcare, education, and strategic infrastructure, marking one of the largest foreign investment commitments in Telangana.
The investment will be spread over nearly 2,500 hectares and is expected to significantly strengthen Telangana’s urban infrastructure, clean energy capacity, employment opportunities, and global investment positioning. The partnership reflects Vingroup’s broader global expansion strategy and reinforces its growing presence in the Indian market.
A key component of the initiative is the launch of India’s first large-scale electric taxi fleet through GSM, Vingroup’s mobility arm. The fleet will use VinFast electric vehicles, supporting cleaner urban transport, reducing carbon emissions, and contributing to Telangana’s electric mobility ambitions.
Vingroup is also evaluating the establishment of electric vehicle manufacturing and assembly facilities in the state. This move would further integrate Telangana into India’s EV supply chain and strengthen the state’s position as a hub for electric mobility and advanced manufacturing.
Under its real estate arm, Vingroup plans to develop a Vinhomes Smart City over 1,080 hectares, designed to house nearly 2,00,000 residents. The project is expected to generate around 10,000 jobs and will include smart infrastructure, digital services, sustainable urban design, green spaces, and modern mobility solutions.
In addition to residential development, around 70 hectares will be dedicated to social infrastructure, including Vinschool K–12 campuses, Vinmec international hospitals, and a V-Green electric vehicle charging network. These facilities aim to enhance access to high-quality education, healthcare, and EV support services.
The tourism segment of the investment includes a 350-hectare integrated entertainment destination under the VinWonders brand. The project will feature a large theme park, a modern zoo, and a safari experience, positioning Telangana as a major tourism and leisure hub.
On the renewable energy front, Vingroup’s green energy arm VinEnergo will develop a 500 MW solar power plant across 500 hectares. The project will supply clean energy to residential zones, industrial areas, and EV infrastructure, directly supporting Telangana’s renewable energy and climate goals.
The Telangana government has assured full support for the projects through land allocation, fast-track approvals, and policy incentives. Chief Minister A. Revanth Reddy described the investment as a major endorsement of the state’s “Telangana Rising” vision, while Vingroup stated that Telangana offers strong potential aligned with its expertise in smart cities and electric mobility.
