MVA slams BJP for Foxconn’s withdrawal from joint venture

As Taiwanese firm Foxconn withdrew from a Rs 1.61 lakh crore semiconductor joint venture with Vedanta which was planned in Gujarat, it reignited controversy in Maharasthra politics.

The chip joint venture was earlier allotted to Maharashtra before suddenly shifting to neighbouring Gujarat.

The Opposition Maha Vikas Aghadi (MVA) slammed the Eknath Shinde-led government in Maharashtra and the BJP-led Centre for not being able to secure the project.

“This project, as we have said many times earlier, was completely feasible in Maharashtra. The state government must also clarify why, even after illegal CM announcing in the Assembly, and DyCM meeting them, this project shifted from a highly feasible location –