Tag: Vedanta

  • Vedanta-Foxconn mission shifted to Gujarat because of Centre’s drive; transfer will hurt nation: Maha Cong

    By way of PTI

    MUMBAI: Maharashtra Congress on Thursday alleged that the Vedanta-Foxconn mission has been shifted to Gujarat underneath drive from the central govt at the same time as the former Maha Vikas Aghadi (MVA) govt had introduced a greater package deal to the corporate to arrange the plant.

    The mission has been moved to Dholera in Gujarat, even if it’s an “inconvenient” position as in comparison to Talegaon close to Pune, the place it used to be previous deliberate to be arrange, state Congress normal secretary Sachin Sawant claimed in a commentary, including that the transfer will hurt the rustic as there’s a chance of the mission getting stalled.

    State Congress’s leader spokesman Atul Londhe informed newshounds that if the verdict to transport the mission to Gujarat had already been taken through the corporate, why used to be a gathering of the high-powered committee of the Eknath Shinde-led state govt held in July this 12 months.

    A blame recreation has begun in Maharashtra following the announcement two days in the past that the three way partnership semiconductor mission of the Indian conglomerate Vedanta and Taiwanese electronics massive Foxconn, proposed to be arrange close to Pune previous, will arise in Gujarat.

    “Whilst the former MVA govt’s be offering for a greater package deal than Gujarat, the Vedanta-Foxconn mission has long gone to Dholera underneath drive from the central govt. Since Dholera is an inconvenient position, many firms, together with ISMC Virtual, which proposed production semiconductors identical to Vedanta-Foxconn have selected to withdraw from the similar position,” Sawant mentioned.

    Shifting the Vedanta-Foxconn semiconductor mission to Dholera won’t handiest hurt Maharashtra, but in addition the rustic, he alleged.

    The Congress chief claimed that as in line with the inner record of Vedanta corporate, Talegaon in Maharashtra used to be an acceptable position for this semiconductor mission.

    A comparative find out about of each Talegaon and Dholera used to be carried out, and Dholera used to be given much less choice mentioning more than a few causes like loss of water provide, professional labours, electronics production ecosystem, absence of provide chain distributors and secondary producers and likewise marshy land, he mentioned.

    “Even supposing Maharashtra had introduced many concessions, together with extra capital subsidy than Gujarat, the verdict to transport the mission to Dholera has been made handiest underneath the drive of the central govt,” Sawant alleged.

    When Narendra Modi used to be the manager minister of Gujarat, he had introduced many non-feasible initiatives in his state and wasted 1000’s of crores of rupees from the taxpayer’s cash, he claimed.

    “Lately, 3 firms had carried out when a suggestion used to be invited for semiconductor production with an estimated funding of USD 10 billion within the nation. One among them, ISMC Virtual, used to be meant to return up at Dholera. However this corporate has fled Dholera because of loss of amenities and water availability. Apparently, the Gujarat govt had entered into an MoU with this corporate,” Sawant mentioned.

    Consistent with him, Jiophone, a joint mission of Google and Reliance, left Dholera and moved to Tirupati. Previous, Lockheed Martin Company withdrew from the sun battery mission.

    Hindustan Building Corporate had entered into an MoU to construct a waterfront town price Rs 40,000 crore at Dholera. However after paying some cash for where, it withdrew.

    Lashing out on the Eknath Shinde-led govt for dropping the mission, Sawant mentioned it will have equipped employment to the folks of Maharashtra and source of revenue to the rustic.

    “There’s a chance now that mission can be stalled for a very long time because of the cussed perspective of the central govt.,” the Congress chief alleged.

    When Modi used to be the manager minister, his govt pressured the Gujarat State Petroleum Company to take Rs 10,000 crore price of bonds, appearing that it had discovered gasoline reserves. No gasoline used to be discovered in the end and the corporate become debt-ridden. Oil and Herbal Gasoline Company (ONGC) used to be pressured to shop for GSPC through the Modi govt, he mentioned.

    “PM Modi claimed to have promised the Maharashtra govt a larger mission than Foxconn, however the state does no longer want his favour for this kind of giant mission,” Sawant mentioned.

    “Maharashtra has at all times remained primary within the box of trade by itself deserves. It’s unlucky that BJP leaders are weakening the state to fulfil Modi’s dream of creating Gujarat a success through snatching initiatives from Maharashtra,” Sawant mentioned.

    In one in all his tweets, Vedanta chairman Anil Agarwal mentioned that, “We determined Gujarat a couple of months in the past as they met our expectancies. However in a July assembly with Maharashtra management, they made an enormous effort to outbid different states with aggressive provides. We need to get started in a single position and according to skilled and unbiased recommendation we selected Gujarat.”

    Relating to the tweet, Congress chief Londhe requested, “Used to be Vedanta leader Anil Agarwal politically stressed to make a commentary?” “There may be super anger in Maharashtra in opposition to the central and state governments for transferring the Vedanta-Foxconn mission to Gujarat.

    The general public response has apprehensive the Shinde govt and as a harm keep watch over measure, it’s blaming the MVA govt,” he mentioned.

    Londhe mentioned that in line with Agarwal, the verdict to shift the mission to Gujarat had already been made, “So, if the verdict had already been taken, then why used to be a high-powered committee assembly used to be held underneath the manager secretary on July 15 to supply all of the amenities to the mission,” he requested.

    Leader Minister Eknath Shinde and Deputy Leader Minister Devendra Fadnavis have two separate battle rooms.

    Paintings is finished thru this medium to deliver giant initiatives to the state, however because of the dispute between the 2 leaders, the state is struggling, Londhe mentioned, including that this kind of giant mission going out of doors the state is a huge blow for the unemployed youths of the state.

    MUMBAI: Maharashtra Congress on Thursday alleged that the Vedanta-Foxconn mission has been shifted to Gujarat underneath drive from the central govt at the same time as the former Maha Vikas Aghadi (MVA) govt had introduced a greater package deal to the corporate to arrange the plant.

    The mission has been moved to Dholera in Gujarat, even if it’s an “inconvenient” position as in comparison to Talegaon close to Pune, the place it used to be previous deliberate to be arrange, state Congress normal secretary Sachin Sawant claimed in a commentary, including that the transfer will hurt the rustic as there’s a chance of the mission getting stalled.

    State Congress’s leader spokesman Atul Londhe informed newshounds that if the verdict to transport the mission to Gujarat had already been taken through the corporate, why used to be a gathering of the high-powered committee of the Eknath Shinde-led state govt held in July this 12 months.

    A blame recreation has begun in Maharashtra following the announcement two days in the past that the three way partnership semiconductor mission of the Indian conglomerate Vedanta and Taiwanese electronics massive Foxconn, proposed to be arrange close to Pune previous, will arise in Gujarat.

    “Whilst the former MVA govt’s be offering for a greater package deal than Gujarat, the Vedanta-Foxconn mission has long gone to Dholera underneath drive from the central govt. Since Dholera is an inconvenient position, many firms, together with ISMC Virtual, which proposed production semiconductors identical to Vedanta-Foxconn have selected to withdraw from the similar position,” Sawant mentioned.

    Shifting the Vedanta-Foxconn semiconductor mission to Dholera won’t handiest hurt Maharashtra, but in addition the rustic, he alleged.

    The Congress chief claimed that as in line with the inner record of Vedanta corporate, Talegaon in Maharashtra used to be an acceptable position for this semiconductor mission.

    A comparative find out about of each Talegaon and Dholera used to be carried out, and Dholera used to be given much less choice mentioning more than a few causes like loss of water provide, professional labours, electronics production ecosystem, absence of provide chain distributors and secondary producers and likewise marshy land, he mentioned.

    “Even supposing Maharashtra had introduced many concessions, together with extra capital subsidy than Gujarat, the verdict to transport the mission to Dholera has been made handiest underneath the drive of the central govt,” Sawant alleged.

    When Narendra Modi used to be the manager minister of Gujarat, he had introduced many non-feasible initiatives in his state and wasted 1000’s of crores of rupees from the taxpayer’s cash, he claimed.

    “Lately, 3 firms had carried out when a suggestion used to be invited for semiconductor production with an estimated funding of USD 10 billion within the nation. One among them, ISMC Virtual, used to be meant to return up at Dholera. However this corporate has fled Dholera because of loss of amenities and water availability. Apparently, the Gujarat govt had entered into an MoU with this corporate,” Sawant mentioned.

    Consistent with him, Jiophone, a joint mission of Google and Reliance, left Dholera and moved to Tirupati. Previous, Lockheed Martin Company withdrew from the sun battery mission.

    Hindustan Building Corporate had entered into an MoU to construct a waterfront town price Rs 40,000 crore at Dholera. However after paying some cash for where, it withdrew.

    Lashing out on the Eknath Shinde-led govt for dropping the mission, Sawant mentioned it will have equipped employment to the folks of Maharashtra and source of revenue to the rustic.

    “There’s a chance now that mission can be stalled for a very long time because of the cussed perspective of the central govt.,” the Congress chief alleged.

    When Modi used to be the manager minister, his govt pressured the Gujarat State Petroleum Company to take Rs 10,000 crore price of bonds, appearing that it had discovered gasoline reserves. No gasoline used to be discovered in the end and the corporate become debt-ridden. Oil and Herbal Gasoline Company (ONGC) used to be pressured to shop for GSPC through the Modi govt, he mentioned.

    “PM Modi claimed to have promised the Maharashtra govt a larger mission than Foxconn, however the state does no longer want his favour for this kind of giant mission,” Sawant mentioned.

    “Maharashtra has at all times remained primary within the box of trade by itself deserves. It’s unlucky that BJP leaders are weakening the state to fulfil Modi’s dream of creating Gujarat a success through snatching initiatives from Maharashtra,” Sawant mentioned.

    In one in all his tweets, Vedanta chairman Anil Agarwal mentioned that, “We determined Gujarat a couple of months in the past as they met our expectancies. However in a July assembly with Maharashtra management, they made an enormous effort to outbid different states with aggressive provides. We need to get started in a single position and according to skilled and unbiased recommendation we selected Gujarat.”

    Relating to the tweet, Congress chief Londhe requested, “Used to be Vedanta leader Anil Agarwal politically stressed to make a commentary?” “There may be super anger in Maharashtra in opposition to the central and state governments for transferring the Vedanta-Foxconn mission to Gujarat.

    The general public response has apprehensive the Shinde govt and as a harm keep watch over measure, it’s blaming the MVA govt,” he mentioned.

    Londhe mentioned that in line with Agarwal, the verdict to shift the mission to Gujarat had already been made, “So, if the verdict had already been taken, then why used to be a high-powered committee assembly used to be held underneath the manager secretary on July 15 to supply all of the amenities to the mission,” he requested.

    Leader Minister Eknath Shinde and Deputy Leader Minister Devendra Fadnavis have two separate battle rooms.

    Paintings is finished thru this medium to deliver giant initiatives to the state, however because of the dispute between the 2 leaders, the state is struggling, Londhe mentioned, including that this kind of giant mission going out of doors the state is a huge blow for the unemployed youths of the state.

  • Selected Gujarat on skilled recommendation, says Vedanta boss Anil Agarwal

    By means of Categorical Information Provider

    NEW DELHI: In a bid to douse the political fireplace over Vedanta’s last-minute resolution to shift its Rs 1.5 lakh crore semiconductor venture to Gujarat, the conglomerate’s chairman Anil Agarwal took to Twitter on Wednesday to shield his resolution. In a sequence of tweets, Agarwal mentioned Vedanta and Foxconn have been professionally assessing websites for multi-billion greenback funding. He claimed this can be a medical and monetary procedure which usually takes a number of years. 

    “We began this about two years in the past. Our workforce of inside and exterior skilled businesses shortlisted a couple of states — Gujarat, Karnataka, Maharashtra, TN and so forth to lend a hand succeed in our goal. For the final 2 years, now we have been attractive with every of those governments in addition to central govt & have won incredible give a boost to,” he tweeted. 

    He mentioned the corporate had made up our minds on Gujarat a couple of months in the past because the state met expectancies. “We need to get started in a single position, and in line with skilled and unbiased recommendation we selected Gujarat,” he mentioned, including that the Maharashtra govt had additionally approached the corporate with an excessively aggressive be offering in a bid to outbid different states. 

    In step with him, the multibillion-dollar long-term venture will alternate the process Indian electronics. “We can create a pan-India ecosystem & are absolutely dedicated to making an investment in Maharashtra as neatly. Maharashtra can be our key to ahead integration in our Gujarat JV,” mentioned Agarwal. He added that his corporate will quickly manufacture iPhones, TV apparatus, and electrical cars in Maharashtra.

    NEW DELHI: In a bid to douse the political fireplace over Vedanta’s last-minute resolution to shift its Rs 1.5 lakh crore semiconductor venture to Gujarat, the conglomerate’s chairman Anil Agarwal took to Twitter on Wednesday to shield his resolution. In a sequence of tweets, Agarwal mentioned Vedanta and Foxconn have been professionally assessing websites for multi-billion greenback funding. He claimed this can be a medical and monetary procedure which usually takes a number of years. 

    “We began this about two years in the past. Our workforce of inside and exterior skilled businesses shortlisted a couple of states — Gujarat, Karnataka, Maharashtra, TN and so forth to lend a hand succeed in our goal. For the final 2 years, now we have been attractive with every of those governments in addition to central govt & have won incredible give a boost to,” he tweeted. 

    He mentioned the corporate had made up our minds on Gujarat a couple of months in the past because the state met expectancies. “We need to get started in a single position, and in line with skilled and unbiased recommendation we selected Gujarat,” he mentioned, including that the Maharashtra govt had additionally approached the corporate with an excessively aggressive be offering in a bid to outbid different states. 

    In step with him, the multibillion-dollar long-term venture will alternate the process Indian electronics. “We can create a pan-India ecosystem & are absolutely dedicated to making an investment in Maharashtra as neatly. Maharashtra can be our key to ahead integration in our Gujarat JV,” mentioned Agarwal. He added that his corporate will quickly manufacture iPhones, TV apparatus, and electrical cars in Maharashtra.