HomeNewsBusinessMaharashtra lost Foxconn-Vedanta project due to MVA govt's fault: CM Eknath Shinde

Maharashtra lost Foxconn-Vedanta project due to MVA govt's fault: CM Eknath Shinde

"The allegations of key projects and institutions leaving Mumbai and Maharashtra are false. The state lost Foxconn-Vedanta project because MVA government didn't help them at all," he said.

February 16, 2024 / 18:02 IST
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Last November, BMC terminated the contract of Roadway Solutions India Infra Ltd to concretise Mumbai roads for not starting the work even eight months after getting the contract.
Last November, BMC terminated the contract of Roadway Solutions India Infra Ltd to concretise Mumbai roads for not starting the work even eight months after getting the contract.

Maharashtra Chief Minister Eknath Shinde blamed the Maha Vikas Aghadi (MVA) government on February 16 for losing the crucial Foxconn-Vedanta project.

"The allegations of key projects and institutions leaving Mumbai and Maharashtra are false. Maharashtra  lost Foxconn-Vedanta chip project as  MVA government didn't help them at all," he said in a conversation with CNBC-TV18.

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In 2022, Vedanta-Foxconn had decided to shift its proposed semiconductor plant to Gujarat from Maharashtra, which kicked up a political blame game between the Shinde government and the opposition MVA. Last year, Taiwan's Foxconn announced its plans to withdraw from a $19.5 billion semiconductor joint venture with mining baron Anil Agarwal's Vedanta Limited.

Meanwhile, Shinde also added that the state has the highest number of infrastructure projects in the country, as he underlined the key development projects.