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Home > Mumbai > Mumbai News > Article > After Vedanta Foxconn another project lost Aaditya Thackeray

After Vedanta-Foxconn, another project lost: Aaditya Thackeray

Updated on: 15 September,2022 12:31 AM IST  |  Mumbai
mid-day online correspondent | Compiled by: Asif Rizvi | asif.ali@mid-day.com

Aaditya Thackeray in a series of tweets said, A joint venture of the Indian conglomerate Vedanta and Taiwanese electronics manufacturing giant Foxconn signed a Memorandum of Understanding (MoU) with the Gujarat government on Tuesday to set up a semiconductor and display manufacturing unit in the state

After Vedanta-Foxconn, another project lost: Aaditya Thackeray

Aaditya Thackeray. File Pic

Shiv Sena leader and former minister Aaditya Thackeray on Wednesday said that the mega Vedanta-Foxconn semiconductor project was almost finalised by the erstwhile MVA government but the current dispensation has lost the confidence of potential investors and it went to Gujarat.


Aaditya Thackeray in a series of tweets said, besides the Vedanta-Foxconn project, Maharashtra has lost a proposed bulk drug park project pursued with the Centre by the erstwhile Maha Vikas Aghadi (MVA) government.


A joint venture of the Indian conglomerate Vedanta and Taiwanese electronics manufacturing giant Foxconn signed a Memorandum of Understanding (MoU) with the Gujarat government on Tuesday to set up a semiconductor and display manufacturing unit in the state.


Vedanta-Foxconn would invest Rs 1,54,000 crore to set up the facility, which would create one lakh job opportunities.

Samant said factoring in the recent experience and delay, the Industries department will adopt a time-bound plan to approve new projects in the state.

Also Read: Maharashtra CM Shinde not serious about development, says NCP

"A Rs 3.50 lakh crore refinery was supposed to be set up in Maharashtra. The Centre had approved this project but some people are spreading misinformation. They should answer why it was delayed," Samant said taking potshots at Shiv Sena.

He said the Shinde-Fadnavis government will come up with definite solutions to address the issue of unemployment in the state.

"We will support industries to carry on operations at district and other levels. Recently, Union minister Nitin Gadkari held a meeting which decided to set up logistics parks in different cities in Maharashtra including Pune, Jalgaon, Bhiwandi, Sambaji Nagar etc. This will generate considerable employment opportunities," the minister said.

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