Semiconductor Deal Row: NCP Workers Detained on Way to Mantralaya During Protest Against Maha Govt
2 years, 6 months ago

Semiconductor Deal Row: NCP Workers Detained on Way to Mantralaya During Protest Against Maha Govt

News 18  

The political row over Shinde-led Maharashtra government losing the mega semiconductor plant deal escalated on Thursday with workers of the Nationalist Congress Party, the main opposition outfit in the state, being taken in custody by the Mumbai Police while they were on their way to the Mantralaya to protest in the matter. Indian conglomerate Vedanta and Taiwanese electronics giant Foxconn jointly inked a Memorandum of Understanding with the Gujarat government on Tuesday in Gandhinagar to set up a mega semiconductor and display manufacturing unit in Gujarat, that the opposition in Maharashtra claims is a “morsel” snatched from state’s mouth. Vedanta chairman Anil Agarwal also cleared the air over company’s decision to sign the deal with Gujarat and said it “chose Gujarat based on “professional and independent advice”. #FoxconnVedanta https://t.co/G4uL9g0XHf— Devendra Fadnavis September 14, 2022 Responding to Anil Agarwal’s tweet, Maharashtra Deputy CM Devendra Fadnavis welcomed the company’s decision to “choose Maharashtra for forward integration”.

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Vedanta-Foxconn semiconductor plant site in Gujarat likely to be finalised in 2 weeks
2 years, 6 months ago

Vedanta-Foxconn semiconductor plant site in Gujarat likely to be finalised in 2 weeks

The Hindu  

Vedanta and Foxconn have hired experts who are evaluating possible locations for their upcoming semiconductor plant in Gujarat and a site may be finalised in the next couple of weeks, Gujarat Science and Technology Department Secretary Vijay Nehra said. So far, the joint venture company has not finalised the location as they are evaluating various sites in Gujarat based on …

Maharashtra was set to sign Vedanta MoU
2 years, 6 months ago

Maharashtra was set to sign Vedanta MoU

The Hindu  

The Maharashtra government has formalised all the plans and even fixed the date to sign a Memorandum of Understanding with Vedanta-Foxconn and AvanStarte as early as July 29, 2022, for the setting up of a multibillion-dollar semiconductor plant at Talegaon near Pune, according to a letter purported to have been written by Chief Minister Eknath Shinde to Vedanta Resources Limited …

Vedanta Says Semiconductor Plant Deal With Gujarat Based on 'Independent Advice'; Maha Dy CM Fadnavis Responds
2 years, 6 months ago

Vedanta Says Semiconductor Plant Deal With Gujarat Based on 'Independent Advice'; Maha Dy CM Fadnavis Responds

News 18  

Amid the blame game in Maharashtra over the state government losing a key Vedanta-Foxconn semiconductor plant deal to Gujarat, chairman of Vedanta Resources Ltd Anil Agarwal on Wednesday said that the company is still committed to investing in Maharashtra. Vedanta chairman Anil Agarwal also cleared the air over company’s decision to sign the deal with Gujarat and said it “chose …

Vedanta-Foxconn decision to set up semiconductor plant in Gujarat triggers political blame game in Maharashtra
2 years, 6 months ago

Vedanta-Foxconn decision to set up semiconductor plant in Gujarat triggers political blame game in Maharashtra

The Hindu  

Maharashtra is witnessing a political firestorm following the decision of multinational mining company Vedanta Limited to set up a $20 billion Vedanta-Foxconn semiconductor manufacturing facility in neighbouring Gujarat, despite finalising its location at Talegaon near Pune. Leader of Opposition and Nationalist Congress Party leader Ajit Pawar wrote to Chief Minister Eknath Shinde requesting him to bring back the project to …

Offer to BJP not linked to graft cases: Praful
10 years, 5 months ago

Offer to BJP not linked to graft cases: Praful

The Hindu  

The Nationalist Congress Party’s offer of unconditional outside support to the Bharatiya Janata Party has triggered allegations that the party’s move is an attempt to fend off corruption cases. The Anti-Corruption Bureau had recently asked for permission for an open inquiry against former Deputy Chief Minister Ajit Pawar and senior leader Sunil Tatkare in connection with the multi-crore irrigation scam. …

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