Vedanta President Anil Agarwal says that he took the decision on Gujarat a few months back because the state government had lived up to his expectations.
Vedanta President Anil Agarwal says that he took the decision on Gujarat a few months back because the state government had lived up to his expectations.
Vedanta Resources Ltd Chairman Anil Agarwal said after the Vedanta-Foxconn decision that the Maharashtra leadership has made a big effort to outdo other states with a competitive offer, but the decision to choose Gujarat for the deal is based on professional and independent advice. was done on the basis of Instead of Maharashtra, it set up its $20 billion semiconductor unit in Gujarat.
He said that he had decided on Gujarat a few months back as the state government had lived up to his expectations. “But in the July meeting with the Maharashtra leadership, they made a huge effort to outdo other states with a competitive offer. We have to start from one place, and based on professional and independent advice, we chose Gujarat,” Mr. Agarwal said.
The 68-year-old billionaire industrialist said on Twitter that Vedanta-Foxconn is professionally assessing the site for a multi-billion dollar investment. “It is a scientific and financial process that takes many years. We started it about 2 years ago.
“This multi-billion dollar long-term investment will change the course of Indian electronics. We will create a pan-India ecosystem and are fully committed to invest in Maharashtra as well. Maharashtra will be the key to further integration in our Gujarat JV [joint venture]Mr Agarwal said.
Ever since the company announced its joint venture and signed an agreement with the Gujarat government to set up the mega semi-conductor unit, two days ago, it has played a political blame game in the state and the previous ‘Maha Vikas Aghadi’ – Shiv Sena. started. , NCP and Congress – have earlier cornered the state government for letting the proposed megaproject go away from Maharashtra.
Criticizing the opposition for making false claims on the multi-billion dollar project, Maharashtra Deputy Chief Minister Devendra Fadnavis said it is disappointing that negative, false and baseless claims are being spread to gain political mileage.
He further questioned the Leader of the Opposition on the Nanar refinery project. “I want to ask the opposition leaders, who sent back ₹3.5 lakh crore refinery from Maharashtra?”
“It is disappointing that negative, false and baseless claims are being spread to gain political mileage. It is only to hide his incompetence. My advice to these leaders is to focus on becoming competent and efficient, not negative and desperate,” Mr Fadnavis said.
On Wednesday, Chief Minister Eknath Shinde said the Maha Vikas Aghadi government did not cooperate on the Vedanta-Foxconn project, and did not want the project to fall into the blame game on neighboring Gujarat. “The opposition can introspect.
He said the group has said that it will set up a manufacturing center for iPhone and TV devices in the state, which is a big deal and they welcome it.
Meanwhile, Mumbai BJP president and MLA Ashish Shelar demanded a probe by a retired judge to assess the exact measures taken by the previous Maha Vikas Aghadi government to maintain the project.
“A retired judge should be appointed to examine the precise efforts made by the erstwhile MVA government to sustain Vedanta-Foxconn project investment in Maharashtra,” details meetings, including subsidies, held by the state industry ministry Adding said. should be made public.