The Indian Express First deal was signed with Taiwanese firm for a mobile plant in 2015; BJP was in power in state and Centre, still it failed.
A POLITICAL slugfest has started in Maharashtra after Gujarat walked away with a mega Vedanta-Foxconn semiconductor project that Maharashtra was counting on.
However, the fact is that Foxconn has struggled to get its investments off the ground in Maharashtra.
On August 8, 2015, the then BJP–Shiv Sena government headed by Devendra Fadnavis had first announced plans by Taiwanese electronics manufacturing giant Foxconn to invest in Maharashtra. This investment was to be of the scale of $2 billion, and an MoU was inked between the Fadnavis government and Foxconn Chairman Terry Gou for setting up a mobile production facility in Navi Mumbai, followed by a major plant at Talegaon…
