Quick Highlights:Vingroup to invest USD 3 billion in Telangana across smart urban development, electric mobility, renewable energy, and social infrastructure.India’s first large-scale electric taxi fleet proposed through VinFast and GSM.Vinhomes Smart City planned across 1,080 hectares with capacity for 200,000 residents.500 MW solar farm, tourism complex, and integrated social infrastructure to be developed in phases.Vingroup Announces USD 3 Billion Investment to Build Telangana’s First Multi-Sector Smart EcosystemVingroup has formally announced a landmark Memorandum of Understanding (MoU) with the Government of Telangana at the Telangana Rising Global Summit. Valued at a proposed USD 3 billion, the investment will be executed in phases and will form the foundation for a multi-sector ecosystem in the state. This collaboration positions Telangana as a strategic entry point for Vingroup’s growing global footprint and accelerates the state’s ambitions for integrated, sustainable, and technology-led development.Under this MoU, both Vingroup and the Telangana government will jointly explore high-impact opportunities across key verticals including smart urban development, electric mobility, healthcare, education, tourism, renewable energy, and regional connectivity infrastructure. The projects will span approximately 2,500 hectares, marking one of the largest multi-sector investment commitments made by a global private corporation in the state.This milestone reflects Vingroup’s emergence as a powerful international player and affirms Telangana’s rising reputation as a preferred investment destination for high-value sectors. It also strengthens the broader economic relationship between India and Vietnam, opening pathways for deeper strategic collaboration.Electric Mobility: India’s First Large-Scale Electric Taxi PlatformA major pillar of the investment is Vingroup’s proposal to introduce India’s first large-scale electric taxi fleet and mobility-as-a-service platform through GSM using VinFast vehicles. This initiative aims to revolutionize urban mobility in Telangana by reducing dependence on fossil fuels, cutting emissions, and expanding access to reliable and affordable transportation.The Group may also evaluate future opportunities related to electric vehicle manufacturing in India, building upon its existing investments in Tamil Nadu through VinFast. The move aligns with India’s national EV adoption goals and Telangana’s vision of developing a robust green mobility infrastructure.Smart Urban Development: Vinhomes Smart City for 200,000 ResidentsIn the realm of urban development, Vingroup plans to develop the Vinhomes Smart City mega urban area on a 1,080-hectare site. Designed to accommodate approximately 200,000 residents, the project will deliver a blend of low-rise and high-rise communities integrated with world-class amenities.The development is expected to generate around 10,000 jobs and will incorporate sustainable planning principles, green landscapes, digital infrastructure, and environmentally conscious design. By prioritizing a limited built-up footprint and optimized land use, the project aims to set a new standard for smart and sustainable living in India.Social Infrastructure: Education, Healthcare, and Charging NetworksVingroup’s social infrastructure proposal covers approximately 70 hectares and includes the development of Vinschool’s K-12 education system, Vinmec international-standard multi-specialty hospitals, and the V-Green electric vehicle charging network. These institutions represent some of Vietnam’s most trusted and advanced service systems, designed to elevate community welfare and access to modern amenities.This integrated social infrastructure will ensure that Telangana’s rapidly expanding urban population has access to quality healthcare, premium education, and reliable green energy charging solutions.Tourism and Entertainment: VinWonders to Develop a Large-Scale DestinationIn the tourism sector, Vingroup’s entertainment arm VinWonders plans to create a large integrated destination covering approximately 350 hectares. The development will include a world-class theme park, zoo, and safari, contributing significantly to Telangana’s tourism economy and generating substantial employment opportunities.This project is expected to position Telangana as a major family entertainment and tourism hub in India, attracting both domestic and international visitors.Renewable Energy: A 500 MW Solar Farm for Sustainable PowerTo power this expansive ecosystem, Vingroup through VinEnergo proposes to invest in a 500 MW solar farm across 500 hectares. The facility will ensure a stable supply of green electricity to support urban areas, industrial zones, and the wider electrified mobility ecosystem.This renewable energy investment supports both Telangana’s clean energy targets and Vingroup’s long-term commitment to sustainability across its global operations.Strengthening Regional ConnectivityVingroup also intends to support the development of strategic connectivity infrastructure that enhances regional linkages, improves mobility, and supports long-term spatial growth. This includes roads, utilities, and integrated networks essential for large-scale urban and industrial developments.Telangana Government's Commitment and VisionThe Government of Telangana has committed to facilitating land identification and allocation, coordinating project structuring, enabling administrative clearances, and ensuring the development of necessary connecting infrastructure.In the words of Sri A. Revanth Reddy, Hon’ble Chief Minister, Government of Telangana:“The USD 3 billion investment by Vingroup is a massive vote of confidence in the ‘Telangana Rising’ vision, particularly our focus on sustainable urban development and green infrastructure. This is more than capital; it’s a partnership to build a futuristic, net-zero city and introduce India’s first large-scale electric taxi fleet, directly improving the quality of life for our citizens. Our government guarantees accelerated execution to ensure this global vision becomes a local reality.”Echoing this sentiment, Sri D. Sridhar Babu, Hon'ble Industries Minister, Government of Telangana, said:"Vingroup's multi-sectoral commitment, spanning smart cities, solar power, and advanced social infrastructure like hospitals and schools, demonstrates the stability and breadth of Telangana’s industrial policy. We are committed to translating this significant capital inflow into local opportunity, positioning Telangana as the gateway for Vietnamese and South-East Asian investment into India's fastest-growing economy."Mr. Sanjay Kumar, IAS, Special Chief Secretary to the Government, Government of Telangana, added:“We welcome Vingroup’s presence in Telangana and recognize the achievements the Group has made in Vietnam, particularly in urban development, green infrastructure and electrified transportation. With the Group’s extensive expertise and capability to execute large-scale projects, we believe that this cooperation will mark an important step forward in shaping a modern and sustainable urban landscape and improving the quality of life for the people of Telangana.”Vingroup’s Perspective: Building a Long-Term PartnershipSpeaking on behalf of Vingroup, Mr. Pham Sanh Chau, CEO of Vingroup Asia and VinFast Asia, stated:“Vingroup sees tremendous potential in Telangana and we aspire to build a long-term partnership with the state government. With our proven track record in delivering mega urban developments, large-scale infrastructure and a comprehensive electric mobility ecosystem, we believe that our collaboration with Telangana will generate tangible value, promote sustainable development and enhance the quality of life for local residents.”Telangana: A Rising Economic PowerhouseTelangana, home to approximately 38.5 million people, has evolved into a major technology and economic hub in Southern India. With a dynamic policy environment, progressive governance, and a thriving software and innovation ecosystem, the state continues to attract global investors seeking high-growth opportunities.Vingroup: A Global Multi-Sector LeaderVingroup stands as Vietnam’s largest private multi-sector corporation with operations across Industrials & Technology, Real Estate & Services, Infrastructure, Green Energy, Culture, and Social Enterprises. The Group’s vision focuses on improving quality of life and accelerating sustainable growth. Vingroup’s inclusion in TIME Magazine’s “TIME World’s Best Companies 2025” underscores its global impact and reputation.The Group’s entry into the Indian market through VinFast’s premium EV portfolio and Tamil Nadu manufacturing plant already lays a strong foundation for its future ambitions. With this new MoU, Vingroup aims to deepen its presence and contribute meaningfully to India’s green and urban development goals.A Transformational Partnership for India’s FutureThe MoU between Vingroup and Telangana marks the beginning of an ambitious, future-forward collaboration. This multi-sector investment promises to elevate Telangana’s socio-economic trajectory, bring world-class infrastructure to the state, expand green mobility, create large-scale employment, and establish a robust framework for sustainable development.As both entities move into the research and implementation phase, this partnership is set to reshape the landscape of urban growth, clean energy investment, and industrial innovation in India.