1. Devendra Fadnavis should come clear on Foxconn deal in Maharashtra: Ashok Chavan

Devendra Fadnavis should come clear on Foxconn deal in Maharashtra: Ashok Chavan

Maharashtra Pradesh Congress Committee chief Ashok Chavan has asked Chief Minister Devendra Fadnav to come clear on the proposed investment by electronics contract manufacturer Foxconn in the state Maharashtra.

By: | Mumbai | Published: October 28, 2016 5:18 PM
ashok-chavan-l-pti Chavan said the development exposed Fadnavis’s tall claims about the investment and employment generation. (Source: PTI)

Maharashtra Pradesh Congress Committee chief Ashok Chavan has asked Chief Minister Devendra Fadnav to come clear on the proposed investment by electronics contract manufacturer Foxconn in the state Maharashtra. The much touted Foxconn deal is yet to materialise as the Taiwanese giant is “yet to find customers” to start its production unit.

Chavan said the development exposed Fadnavis’s tall claims about the investment and employment generation.
“Many MoUs signed as part of the Make in Maharashtra initiative have met similar fate,” he claimed. Fadnavis should clarify on the factual position in this issue, he said.

The chief minister had announced on August 8 last year that the $5 billion Foxconn investment in the state will provide employment to 50,000 youths, Chavan said adding that he was the first to state that correct facts should come and that the announcement should not become “election jumlas”.

He said he had his qualms as Foxconn chief Terry Gau had announced that his company would invest $2 billion in the country. However, the state government announced $5 billion investment in Maharashtra alone, Chavan said.

“After a year, my doubts have come true,” he said, adding that the ‘Make in Maharashtra’ initiative and Fadnavis’s foreign tours have not helped to boost industries.

“In the Congress governments, industrial investment came without indulging in any ‘jumlebazi’ (rhetoric),” he added.

Foxconn is primarily a contract manufacturer and its clients include major American, Finnish, Japanese and Canadian electronics and IT companies.

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