Ambanis' Gujarat plans mean Maharashtra unsafe for investment: Bal Thackeray

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.