investment 3 - The Latremie Post

VinFast India taps Hyundai executive as its CEO

**VinFast India Taps Hyundai Executive as Its CEO**

*By Dwaipayan Roy | Sep 21, 2025, 02:58 PM*

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**Vietnamese EV Maker VinFast Appoints New CEO in India**

Vietnamese electric vehicle (EV) manufacturer VinFast is set to appoint Tapan Ghosh, currently Vice President and Head of Sales at Hyundai India, as the CEO of its Indian operations. Ghosh has already submitted his resignation to Hyundai and is expected to join VinFast India on October 16.

This leadership change comes shortly after VinFast launched its two new electric SUVs, the VF6 and VF7, in the Indian market.

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**VinFast’s Growing Presence in India**

So far, VinFast’s strategy in India has been overseen by Pham Sanh Chau, CEO of VinFast Asia. The company has established an assembly plant in Thoothukudi, Tamil Nadu, with plans to initially produce 50,000 cars. Production capacity is expected to scale up to 300,000 units over time.

VinFast has also committed to investing nearly $2 billion in India over the next few years to strengthen its operations and expand its local footprint.

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**Tapan Ghosh’s Industry Experience**

Tapan Ghosh brings extensive automotive industry expertise to VinFast. Beginning his career with Hindustan Motors in 1995, Ghosh has worked with several major companies, including Honda Cars, Mahindra & Mahindra, Maruti Suzuki India, and Tata Motors. Since joining Hyundai in 2013, he has played a key role in driving sales growth.

His appointment as CEO is expected to add significant value to VinFast’s ambitions in India by leveraging his deep understanding of the local market.

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**VinFast’s Market Entry Strategy vs Tesla**

VinFast’s approach to entering India contrasts with Tesla’s. Tesla entered the Indian market in July with showrooms in Mumbai and Delhi but maintains limited operations and remote leadership.

VinFast, on the other hand, is focusing on local manufacturing and leadership, a strategy experts believe is vital for success in India’s competitive EV segment.

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**Challenges Ahead for VinFast in India**

While VinFast has surprised many by pricing its cars competitively alongside established Indian brands like Tata and Mahindra, gaining consumer trust remains a significant challenge.

According to Puneet Gupta from S&P Global Mobility, “Customers already have inhibitions about EVs, so an added uncertainty about a relatively unknown brand in the Indian market will not make things easy for VinFast.”

The appointment of a seasoned Indian automotive leader like Ghosh is seen as a critical step in overcoming these challenges and building confidence among Indian buyers.

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**Conclusion**

VinFast’s aggressive investment and localization efforts, combined with Tapan Ghosh’s leadership, mark a pivotal moment in the company’s journey to establish itself as a strong player in India’s rapidly evolving electric vehicle market.
https://www.newsbytesapp.com/news/auto/vinfast-to-appoint-hyundai-s-tapan-ghosh-as-india-ceo/story

FPIs pull ₹7,945cr from Indian equities, net outflows ₹1.4L crore

**FPIs Withdraw ₹7,945 Crore from Indian Equities; Net Outflows Cross ₹1.4 Lakh Crore in 2025**

*By Akash Pandey | Sep 21, 2025, 02:18 PM*

Foreign Portfolio Investors (FPIs) have pulled out ₹7,945 crore from Indian equities so far in September. This continued sell-off is largely driven by global uncertainties, including tariffs and ongoing geopolitical tensions.

The trend follows significant outflows seen in previous months, with FPIs withdrawing ₹34,990 crore in August and ₹17,700 crore in July. Overall, FPI sell-offs in Indian equities have reached a staggering ₹1.38 lakh crore in 2025, according to the latest data.

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### Looking Ahead: Signs of Moderation in Selling

Market experts are closely monitoring upcoming macroeconomic data from both India and the United States, along with tariff negotiations. These factors are poised to influence FPI flows in the near term.

Despite remaining net sellers in September with cumulative equity outflows of ₹7,945 crore through September 19, FPIs have displayed some moderation in their selling behavior recently.

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### Impact of the Fed’s Rate Cut on Market Liquidity

Following the US Federal Reserve’s decision to cut interest rates by 25 basis points, FPIs briefly turned net buyers last week, purchasing equities worth ₹900 crore during this period.

“For the current week, FPIs bought Indian equities worth ₹900 crore on the back of the Fed’s rate cut,” said Vaqarjaved Khan, Senior Fundamental Analyst at Religare Broking Ltd. He added that two more rate cuts are projected in 2025, which could significantly enhance liquidity in global markets.

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### Investor Sentiment Bolstered by Easing Trade Tensions

Himanshu Srivastava from Morningstar Investment Research India observed a “modest but noticeable return” of foreign investors to Indian equities last week. He attributed this shift to the Fed’s dovish stance, easing US-India trade frictions, and a stable macroeconomic outlook in India.

However, Srivastava cautioned that persistent global uncertainties and geopolitical risks continue to temper investor enthusiasm, keeping FPI flows cautious.

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### Market Strategy: FPIs Diversify into Debt Markets

V K Vijayakumar from Geojit Financial Services pointed out that the FPI selling trend in India has coincided with buying activity in other Asian markets such as Hong Kong, Taiwan, and South Korea. This strategy has been profitable this year but may evolve going forward.

Additionally, debt markets in India have seen FPI investment, with inflows of approximately ₹900 crore under the general limit and ₹1,100 crore through the voluntary retention route.

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**In summary, while FPIs continue to withdraw from Indian equities amid global uncertainties, recent developments such as the Fed’s rate cuts and easing trade tensions offer potential for stabilization and renewed foreign investment flows in the near future.**
https://www.newsbytesapp.com/news/business/fpis-pull-out-8-000cr-from-equities-in-september/story

Federal Reserve’s Milan Advocates Rapid Interest Rate Cuts

Federal Reserve Governor Stephen Milan Advocates for Quicker Interest Rate Cuts, Impacting Financial and Crypto Markets

Federal Reserve Governor Stephen Milan, confirmed by the Senate on September 16, 2025, is pushing for faster interest rate reductions, suggesting cuts ranging from 50 to 150 basis points. His dovish stance marks a potential shift in monetary policy that could significantly influence financial markets, encouraging rallies in risk assets.

**Stephen Milan’s Policy Proposal and Economic Outlook**

Stephen Milan’s appointment to the Federal Reserve signals a change in direction compared to the current consensus among policymakers. He believes that the interest rate should be cut by at least 50 basis points, according to reports from CoinTech2U. His proposal for a 50 to 150 basis point reduction highlights a more accommodative outlook for the U.S. economy.

This approach could affect treasury yields and drive increased money flow into riskier assets, impacting both traditional financial markets and the rapidly evolving cryptocurrency sector. The anticipated increase in liquidity may serve as a catalyst for higher asset valuations.

**Implications for the Cryptocurrency Market**

Although official comments from cryptocurrency leaders remain limited, Milan’s stance has not gone unnoticed within the crypto community. Historically, Federal Reserve decisions on interest rates have triggered widespread discussions regarding economic conditions and monetary policy.

Cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) often respond to such shifts, with previous rate cuts correlating with asset inflation and bullish trends. This connection suggests that Milan’s proposed policy could directly affect digital asset prices.

**Crypto Market Dynamics and Current BTC Performance**

Federal Reserve actions, including proposed rate cuts like those advocated by Milan, tend to create ripple effects across crypto markets. These moves can drive valuations higher amid broader economic adjustments and monetary shifts.

Currently, Bitcoin is exhibiting notable trading dynamics, priced at $115,701.26 with a market capitalization of $2.31 trillion. Over the past 90 days, BTC has increased by 12.89%, despite experiencing a minor 1.24% decline in the last 24 hours, according to data from CoinMarketCap.

**Conclusion**

Stephen Milan’s push for accelerated interest rate cuts underscores a more dovish Federal Reserve policy outlook. This shift could foster stronger liquidity inflows into risk assets, benefiting both traditional markets and digital assets like BTC and ETH. Investors and market watchers should closely monitor Federal Reserve meetings and statements for further insights into the evolving economic landscape and its effects on crypto valuations.
https://bitcoinethereumnews.com/tech/federal-reserves-milan-advocates-rapid-interest-rate-cuts/?utm_source=rss&utm_medium=rss&utm_campaign=federal-reserves-milan-advocates-rapid-interest-rate-cuts

Westports, iPay88, RCX Group leaders to speak at Entrepreneurs Summit VI

The Entrepreneurs Summit VI is set to return on 2 October 2025 in Kuala Lumpur as Malaysia’s leading one-day platform that brings together entrepreneurs, corporates, investors, and government representatives to accelerate collaboration, capital, and growth.

### Spotlight on Founder Journeys and Growth Strategies

The summit will highlight founder journeys, practical growth strategies, and high-level networking opportunities designed to drive innovation across industries. Supported by media partner *The Rakyat Post* and community partner Next Up Asia, the event features keynote addresses and interactive panel discussions focused on the real challenges and opportunities involved in building high-growth businesses.

### Key Sessions and Topics

Sessions will explore a range of insightful topics, including:

– Founder journeys to global scale
– A Solarvest case study
– The hidden truths of entrepreneurship
– Data-backed failure vs. scale analysis
– Innovation versus execution
– Government partnership strategies
– Corporate co-founding models
– 2025 investor trends
– Sector forecasts for biotech, fintech, and digital commerce

### Esteemed Speaker Line-Up

This year’s speaker line-up includes prominent business leaders and ecosystem builders such as:

– Ruben Emir Gnanalingam, Executive Chairman, Westports Holdings
– Kent Chua, CEO, RCX Group
– Chan Kok Long, Co-founder of iPay88 & Group CEO, Carehaus Sdn Bhd
– Arieff Aaron Abudullah, Director, Invest Selangor Berhad
– Ben Lim, CEO & Founder, NEXEA

### Insights from Industry Leaders

Kent Chua, CEO of RCX Group, emphasizes the abundant talent, capital, and ideas already present in Malaysia:
“Too often we hear founders complain about the ecosystem—funding, policy, competition. The truth is, Malaysia already has the talent, capital, and ideas. What matters now is whether founders stop making excuses and start making moves. Entrepreneurs Summit VI gives you the tools, but what you build with it is on you. Winners turn insights into action; losers just keep talking.”

Chan Kok Long, co-founder of iPay88 and Group CEO of Carehaus Sdn Bhd, adds:
“This summit brings together all the right players—startups, corporates, investors, and policymakers—under one roof. This is where collaborations are born and future industries are shaped. We believe Malaysia has all the ingredients to produce world-class entrepreneurs, and gatherings like this give founders the momentum, resources, and confidence to turn big ideas into global businesses.”

Ben Lim, CEO & founder of NEXEA, notes:
“NEXEA backs founders with capital and operational support; Entrepreneurs Summit VI multiplies that effect by creating focused opportunities to meet corporates, investors, and policy influencers. The panels deliver practical insights from leaders who’ve scaled businesses, and the networking is engineered to produce measurable outcomes—pilot conversations, advisory relationships, or investor follow-ups.”

### Anticipated Impact and Attendance

The Entrepreneurs Summit VI expects over 1,000 leaders to attend, representing organizations with a combined revenue of up to US$2.2 billion (RM10 billion). This scale significantly increases the potential for meaningful commercial partnerships.

More than just a conference, the Entrepreneurs Summit VI serves as a catalyst for growth, innovation, and collaboration across Malaysia’s startup ecosystem. With its strong focus on founder stories, actionable growth strategies, and curated networking, the summit aims to accelerate entrepreneurs from idea to impact while positioning Malaysia as a regional hub for innovation.

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Stay tuned for more updates and prepare to join a thriving community that is shaping the future of business in Malaysia and beyond.
https://www.digitalnewsasia.com/startups/westports-ipay88-rcx-group-leaders-speak-entrepreneurs-summit-vi