Maharashtra Congress chief Ashok
Chavan Tuesday claimed that although the state earlier held
the numero uno position with regard to foreign investments, it
has come down to number three position during the BJP-Shiv
Speaking to reporters here, Chavan said during the
Congress-NCP rule, one third of the country's investment was
Chavan said according to the figures released by the
Centre's Department of Industrial Policy and Promotion in
2016, Karnataka received investments worth Rs 1.54 lakh crore,
Gujarat Rs 56,156 crore, but Maharashtra received investments
worth only Rs 38,193 crore.
In 2017, Karnataka received Rs 1.52 lakh crore,
Gujarat Rs 79,068 crore and Maharashtra got Rs 48,581 crore,
The former Maharashtra chief minister added that till
September 2018, Karnataka has received investments worth Rs
got Rs 46,428 crore.
"Of the proposed investments in 2015, 10.7 per cent
were in Maharashtra, which slid down to 9.28 per cent in 2016,
and 12.29 per cent in 2017. Until September 2018, Maharashtra
has received proposed investments of Rs 13.71 per cent. As
in 2016, 38.48 per cent in 2017, 24.58 in 2018," he said.
Responding to Chavan's charges, state Industries
Minister Subhash Desai said Maharashtra is in number one
position not only in getting foreign investment, but also in
converting investment intentions into real investments,
according to Ministry of Commerce and Industry.
He said the report which Chavan quoted in his press
conference, depict the figures of proposed investments and not
"It is laughable that a person, who has been a former
chief minister, makes such claims despite knowing the truth.
Why does he want to defame Maharashtra?" he asked.
Desai added that in September 11 projects were
executed in Maharashtra, while only three were rolled out in
He said according to the figures released by the RBI
for the quarter ended June 2018, Maharashtra received 31 per
cent foreign investments, while Karnataka got eight per cent
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)