Ambanis Guj plans mean Maha unsafe for investment: Thackeray

Shiv Sena chief Bal Thackeray has said recent announcements by the Ambani brothers about making `huge investments` in Gujarat gave the message that Mumbai and Maharashtra were not good for industrial investment.

Mumbai: Shiv Sena chief Bal Thackeray has
said recent announcements by the Ambani brothers about making
`huge investments` in Gujarat gave the message that Mumbai and
Maharashtra were not good for industrial investment.
"Mukesh Ambani built a house costing over Rs 4,000 crore
in Mumbai but made investments in Gujarat....There is the
house in Mumbai to get peaceful sleep. A huge investment is
made in Gujarat because there is industrial peace (in that
state)," Thackeray said in an editorial in party mouthpiece
`Saamana`.

At the recent Vibrant Gujarat Global Investors Summit,
Mukesh Ambani announced that his Reliance Industries will
make forays into the cement sector by setting up a project in
Kutch district of Gujarat while Anil Ambani said his Group
will invest Rs 50,000 crore in Gujarat in the next 5-7 years.
"What investments have the Ambani brothers made in
Maharashtra? If they have not done so, it should be seen why
they didn`t invest in this state," he said.

Thackeray lauded Gujarat Chief Minister Narendra Modi,
saying he had the `political will` to snatch an industrial
project to his state.

PTI

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