Mumbai: The Congress on Saturday said Maharashtra continues to top the list of foreign direct investment (FDI) recipients and attacked Deputy Chief Minister Devendra Fadnavis over his remarks that the state's ranking had deteriorated during the MVA rule.
Citing Union Industry Ministry data, state Congress spokesperson Sachin Sawant said Maharashtra received about 33 per cent of the total FDI in the country between 2000 and 2012.
“In terms of overall FDI from October 2019 to June 2022, Maharashtra stands first even during the tenure of the Maha Vikas Aghadi (MVA) government,” Sawan said.
The Uddhav Thackeray-led MVA government fell in June 2022 after Eknath Shinde led a rebellion in the Shiv Sena and joined hands with the BJP to become the chief minister. Congress is an MVA partner.Fadnavis had on Friday said that Maharashtra, which had lagged behind in attracting FDI during the MVA rule, has again reached the top position in the last two consecutive years.
“You (Fadnavis) presented data from April 2021 to March 2022 and Karnataka stood first. To say that Gujarat stood first in FDI from April 2020 to March 2021 would have made more sense,” Sawant said.
Sawant claimed that the BJP-led Center despises Maharashtra due to which Gujarat and Karnataka have overtaken it.
The computer hardware and software industry received the largest FDI from Singapore, US and Mauritius in these two financial years.He said Gujarat received 78 percent of all foreign direct investment in the country in 2020-21, while Karnataka received 53 percent of the total foreign direct investment in 2021-22.
He asked, "Why in the first year, Karnataka got very little investment in the sector, while Gujarat got significant investment and in the second year, Gujarat got very little investment, while Karnataka got maximum investment."
He claimed that it is clear that due to the intention of the Narendra Modi government, FDI in the computer hardware and software industry has been redirected from Maharashtra to these two states.
Sawant said the country has not seen a significant increase in investment in the computer hardware and software sector after those two financial years.
Both these states (Gujarat and Karnataka) are now back to their initial position, he said, adding that Maharashtra will remain the best investment destination in the country as long as there are no disruptions.
Citing Union Industry Ministry data, state Congress spokesperson Sachin Sawant said Maharashtra received about 33 per cent of the total FDI in the country between 2000 and 2012.
“In terms of overall FDI from October 2019 to June 2022, Maharashtra stands first even during the tenure of the Maha Vikas Aghadi (MVA) government,” Sawan said.
The Uddhav Thackeray-led MVA government fell in June 2022 after Eknath Shinde led a rebellion in the Shiv Sena and joined hands with the BJP to become the chief minister. Congress is an MVA partner.Fadnavis had on Friday said that Maharashtra, which had lagged behind in attracting FDI during the MVA rule, has again reached the top position in the last two consecutive years.
“You (Fadnavis) presented data from April 2021 to March 2022 and Karnataka stood first. To say that Gujarat stood first in FDI from April 2020 to March 2021 would have made more sense,” Sawant said.
Sawant claimed that the BJP-led Center despises Maharashtra due to which Gujarat and Karnataka have overtaken it.
The computer hardware and software industry received the largest FDI from Singapore, US and Mauritius in these two financial years.He said Gujarat received 78 percent of all foreign direct investment in the country in 2020-21, while Karnataka received 53 percent of the total foreign direct investment in 2021-22.
He asked, "Why in the first year, Karnataka got very little investment in the sector, while Gujarat got significant investment and in the second year, Gujarat got very little investment, while Karnataka got maximum investment."
He claimed that it is clear that due to the intention of the Narendra Modi government, FDI in the computer hardware and software industry has been redirected from Maharashtra to these two states.
Sawant said the country has not seen a significant increase in investment in the computer hardware and software sector after those two financial years.
Both these states (Gujarat and Karnataka) are now back to their initial position, he said, adding that Maharashtra will remain the best investment destination in the country as long as there are no disruptions.
