Vedanta Limited has announced to set up of a semiconductor manufacturing factory in Gujarat. Let us tell you that this factory will work closely with Taiwan’s Foxconn; this company will cost $ 20 billion. Vedanta has received financial and non-financial subsidies from the Gujarat government on capital expenditure and cheap electricity for setting up this factory. The MoU was signed in the presence of Minister of Railways, Communications, Electronics, and Information Technology Ashwini Vaishnav in Gandhinagar on Tuesday.
The other political parties have raised allegations regarding this investment in Gujarat because they proposed earlier that the project be built in Maharashtra, for which there was talk of companies with the MVA government. Last month, the Vikas Aghadi government held several discussions with Foxconn in this regard.
Taapsee informed that the Grand Alliance government had initiated talks with Foxconn for investment. Pune’s Talegaon Electronic and Engineering City, a self-sufficient electronic park of 250 acres, will be assembled at a village, TalegaonDabhade, in Pune District. He said the previous coalition government of Shiv Sena, NCP, and Congress had offered the best incentives to the Vedanta-Foxconn project to generate large-scale employment opportunities for the local youth.
Maharashtra’s project was almost final.They said that the Maharashtra government’s project with these companies was approved. In July 2022, senior officials met Chief Minister Eknath Shinde and Deputy Chief Minister Devendra Fadnavis. Company officials also saw the land of over 1,000 acres in Talegaon Phase IV. The matter was utterly final, and his approved project was suddenly shifted to Gujarat. A self-sufficient electronic park of 250 acres will be assembled at TalegaonDabhade in Pune District, bringing this project. The MVA government is claiming that 90 percent of the project was finalized under their government. But Shinde’s government could not handle this and surrendered to Prime Minister Modi.
Aditya Thackeray also targeted the government.The company, which employs about one lakh people in Maharashtra and has an investment of Rs 1.54 lakh crore, was to be established in Talegaon near Pune, but now the news of being set up in Gujarat instead of Maharashtra is coming after this news, there is a political heat in Maharashtra has increased. Shiv Sena leader Aaditya Thackeray accused the government of creating kiosks for itself and deceit for Maharashtra. Questioning the government, he said that the government would have to answer why this investment which was to be in Maharashtra, suddenly went to Gujarat. That means that the industrialists have no faith in this government at all.
On the other hand, NCP leader Jayant Patil, while targeting the government, said that the CM and Deputy CM would apologize to the public for ending the employment opportunity of one lakh youths of Maharashtra. He said elections would be in Gujarat in the next few months. That is why the BJP is busy handling its interests in Gujarat. The central government blames that Vedanta has reached Gujarat from Maharashtra due to the pressure of the center; the election in Gujarat is very close, so the party is giving this gift to Gujarat. Will Vedanta emerge as a big game changer in the Gujarat elections?