 "Pham Sanh Chau, CEO of VinFast Asia")
The process of policymaking does not match the speed at which companies move, said Pham Sanh Chau, CEO of VinFast Asia. He noted that while firms like VinFast are already rolling out cars from its Indian factory, the government has only just notified the electric vehicle (EV) investment scheme that was drafted when the Vietnamese company first considered entering the country.
Last year, on March 15, the Ministry of Heavy Industries notified the Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI), but detailed guidelines followed only on June 2, 2025 -- more than a year later --
