"The event is being held in a grand manner and around Rs 70 to 80 crore are being spent on holding it in Mumbai," NCP leader Sachin Ahir said.
"Splurging such an amount while the state is reeling under acute drought is a cruel mockery of people of Maharashtra," the former state minister said.
"At a time when farmers and the common man in the state are facing hardship due to drought, five-star celebrations are being held in the name of attracting foreign investment," Ahir said.
The 'Make-in-India' Week will be inaugurated by Modi on January 13 and it will conclude on January 18.