Overview
- Laksh quoted a report on Bengaluru’s Outer Ring Road woes and urged companies to consider Anantapur, pointing to an emerging aerospace and defence ecosystem.
- Priyank Kharge called the outreach “desperate scavenging” on X and cited projections of 8.5% annual GDP growth to 2035, a 5% property price rise in 2025, Savills rankings, and a 14.4 million urban population.
- Andhra Pradesh is pitching concrete assets, including the 264-acre APIIC Aerospace & Defence Park at Palasamudram and roughly ₹3,400 crore invested in space and defence projects.
- Recent outreach by Lokesh has included offers of over 8,000 acres of ready-to-use land and a direct invitation to BlackBuck’s co-founder to relocate operations to Visakhapatnam.
- The exchange follows reports of firms exploring options beyond Bengaluru, yet no major relocations tied to Lokesh’s latest pitches have been reported.