Vietnamese conglomerate Vingroup has signed a memorandum of understanding (MoU) with the Telangana government to explore multi-sector investments of up to $3 billion, signalling its expansion in India beyond electric vehicles into urban infrastructure, energy and services. The proposed investments, to be implemented in phases, span electric mobility, smart urban development, renewable energy, healthcare, education and tourism. If executed, the plans would position Telangana as a key base for Vingroup's expansion in the country and deepen trade and investment links between India and Vietnam.