Aaditya Thackeray accuses Eknath Shinde team of exporting Vedanta, Foxxcon chip plants to Gujarat – Flying Journals


Aaditya Thackeray accuses Shinde team of losing chip factory to Gujarat

Aaditya Thackeray says current government has lost confidence in investors

Mumbai:

Shiv Sena leader Aaditya Thackeray secures Rs 154 crore joint venture in Gujarat India’s first semiconductor factory. Mining group Vedanta and Taiwanese electronics manufacturing giant Foxconn have decided to jointly build the plant in Ahmedabad, Gujarat. Gujarat beats Maharashtra Win a factory location in a tough competition.

Aaditya Thackeray said the former Maha Vikas Aghadi government of Maharashtra tried very hard to win the project.

“It has almost been decided to build a factory in Maharashtra,” said Aaditya Thackeray, a former cabinet minister in the MVA government headed by Shiv Sena.

“Our MVA government has brought it to the final stage. The current
The distribution has lost the confidence of potential investors, so such a large-scale project will not come here,” he added.

Sena leaders said the mega project will support 160 ancillary industries and create 70,000 to 100,000 jobs in Maharashtra.

Against Chief Minister Eknath ShindeMr Thackeray said, “The new allotment tweeted a photo claiming to have brought this (project) to Maharashtra, but it seems the intent or commitment was to bring it out of Maharashtra. Laban sent it out.”

Vedanta and Foxconn will build India’s first semiconductor manufacturing plant, a display factory and a semiconductor assembly and testing unit in Ahmedabad.

Semiconductor chips, or microchips, are an essential part of many digital consumer products—from automobiles to cell phones and ATM cards.

Much of the world’s chip production is limited to a few countries such as Taiwan, and India, a later entrant, is now actively attracting companies “to usher in a new era of electronics manufacturing” as it seeks to obtain chips seamlessly.





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