VinFast Auto India, the Indian subsidiary of global electric vehicle manufacturer VinFast, has signed a Memorandum of Understanding (MoU) with Tata Capital to provide financing solutions for its exclusive dealer network across the country.
The partnership with Tata Capital, India’s third-largest non-banking financial company (NBFC), is aimed at supporting VinFast’s expansion plans in one of the world’s fastest-growing automotive and electric vehicle markets.
Under the agreement, VinFast dealers will gain access to customized financing solutions designed to address working capital needs, inventory management, and dealership expansion. The collaboration is expected to strengthen VinFast’s dealer ecosystem as the company accelerates its presence in India.
Tata Capital, which serves nearly 7.7 million customers through a network of around 1,500 branches nationwide, will leverage its financing expertise, digital platforms, and broad reach to support VinFast’s growing retail operations.
The MoU was signed by Tapan Ghosh, CEO of VinFast India, along with Narendra Kamath, COO – SME Finance at Tata Capital, and Soumitra Das, Business Head – Supply Chain Finance at Tata Capital.
Commenting on the partnership, Tapan Ghosh, CEO of VinFast Asia, said the collaboration reflects a shared commitment to advancing electric mobility in India.
“VinFast India is pleased to partner with Tata Capital, one of the most trusted financial services providers in the country. This partnership will enable us to offer comprehensive financing solutions for our dealer network, thereby supporting greater accessibility, operational ease, and long-term growth for the brand,” he said.
Ghosh added that Tata Capital’s strong pan-India presence and financial capabilities would play an important role in enhancing the ownership experience for both customers and dealer partners.
Narendra Kamath, COO – SME Finance at Tata Capital, said India’s shift toward electric mobility is creating a growing demand for innovative financing solutions.
“Through our partnership with VinFast, we aim to empower dealers with tailored financing support that enables business growth and operational efficiency. Together, we are committed to strengthening the EV ecosystem and accelerating the adoption of sustainable mobility across the country,” Kamath said.
The financing initiative forms part of VinFast’s broader strategy to establish a comprehensive EV ecosystem in India. Alongside its upcoming electric vehicle portfolio — including the VF 6, VF 7, and VF MPV 7 — the company is also rolling out customer-focused initiatives such as assured resale value programs and extended free charging benefits through the V-Green charging network until March 31, 2029.
VinFast said these efforts are intended to make EV ownership more accessible and convenient while contributing to India’s transition toward sustainable transportation.
