Maharashtra loses out on the Vedanta-Foxconn ₹1,54,000 crore project to Gujarat

PUNE: BJP MLA Siddharth Shirole said that the recovery policy of Uddhav Thackeray's Mahavikas Aghadi government is responsible for the Vedanta-Foxcon project going out of Maharashtra. Shirole has also alleged that since the Thackeray government was only thinking about the shares of money for two and a half years, the time has come for the companies that are not ready to bear the burden to withdraw from Maharashtra.

Recalling that Union Minister Nitin Gadkari had complained to the then Chief Minister Uddhav Thackeray about party workers in the coalition government collecting extortion, Shirole said that the Thackeray government was pursuing negotiations instead of discussions with the Vedanta-Foxconn company. Therefore, the company had no choice but to wrap up the project. Investments were hit hard by the Mahavikas Aghadi government's forced withdrawal from Maharashtra, which was the top for investment during the Fadnavis government.

Again, the top position of Maharashtra was replaced by Karnataka. He also said that the industrial sector of Maharashtra took a hit from the recovery policy of the Mahavikas Aghadi government. He also warned that Maharashtra is not new to the habit of collecting and vandalising every development project in the state. Vedanta-Foxconn may have decided to cancel the project because they could not afford to satisfy the three parties in the government.

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