Wednesday, December 24, 2025 | 11:29 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Fully committed to investing in Maharashtra: Vedanta Chairman Anil Agarwal

Agarwal said that Gujarat met expectations and the decision was made a few months ago

Anil Agarwal
premium

However, through his tweets, Agarwal explained that Vedanta-Foxconn had been professionally assessing sites for the multi-billion dollar investment

Ishita Ayan Dutt Kolkata
Vedanta is fully committed to investing in Maharashtra, chairman Anil Agarwal, tweeted on Wednesday, amid a political brouhaha over Gujarat pipping the state to bag a $20-billion investment.

On Tuesday, Vedanta announced that the Vedanta-Foxconn semiconductor plant would be set up in Gujarat. It signed two memorandum of understanding (MoUs) with the Gujarat government to set up a semiconductor fab unit, a display fab unit, and a semiconductor assembling and testing unit entailing an investment of Rs 1.54 trillion and employment to around 100,000 people.

In a series of tweets late on Wednesday, Agarwal said that the investments in semiconductor and display