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2w ago

Karnataka Ends Forced Acquisition for Aerospace Park as Andhra Pradesh Courts Investors

Karnataka will pay above-guide value for voluntary land purchases after withdrawing its 1,777-acre plan, identifying alternative sites to retain aerospace investments.

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Nara Lokesh (HT Photo)
Chief minister Siddaramaiah during a meeting with officials and farmer leaders at Vidhana Soudha in Bengaluru on Tuesday (PTI)
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Overview

  • On July 15, Chief Minister Siddaramaiah scrapped the final notification for compulsory acquisition of 1,777 acres near Kempegowda Airport and shifted to a voluntary purchase model with enhanced compensation and developed plots.
  • Andhra Pradesh IT Minister Nara Lokesh publicly invited aerospace firms on July 16 with promises of best-in-class incentives and over 8,000 acres of ready-to-use land near Bengaluru.
  • Industries Minister M. B. Patil and Home Minister G. Parameshwara pledged to secure alternative land parcels within Karnataka and highlighted the state’s established aerospace ecosystem that contributes about 65% of India’s output.
  • ITBT Minister Priyank Kharge defended Karnataka’s competitive edge and incentive framework, while BJP MLA Arvind Bellad urged relocating the project to North Karnataka to ensure balanced regional development.
  • The 1,198-day farmers’ protest ended after the withdrawal, and suggestions have surfaced for sites such as Tumkuru’s 20,000 acres as potential alternatives to Devanahalli.