Title: Won’t Let Investors Go to Andhra: K’taka HM on Nara Lokesh’s Pitch
The ongoing battle between the governments of Karnataka and Andhra Pradesh to attract investors and set up industries in their respective states has taken a new turn. Karnataka Home Minister G Parameshwara has reacted strongly to Andhra Pradesh Minister Nara Lokesh’s offer to provide land to the aerospace industry, which was unable to acquire land in Bengaluru. In a bold statement, Parameshwara has declared that Karnataka will not let investors go to other states, including Andhra Pradesh.
The issue began when the Karnataka government failed to acquire land for the aerospace park in Bengaluru, which had been promised to the industry. Nara Lokesh, the Minister for Information and Public Relations of Andhra Pradesh, saw an opportunity to poach the investors and offered to provide land to the industry in his state. Lokesh tweeted, “Andhra Pradesh is ready to welcome the aerospace industry to our state. We will provide the necessary infrastructure and support to help them grow.”
However, Karnataka Home Minister G Parameshwara was not about to let Lokesh’s pitch go unanswered. In a statement, Parameshwara said, “We will give them land at some other place. We will definitely not let the other investors go to other states, such as Andhra, Maharashtra, and Tamil Nadu.” Parameshwara’s statement was clear: Karnataka will not let investors slip away to other states, and will find a way to accommodate them within the state.
The aerospace industry is a significant sector in the Indian economy, and both Karnataka and Andhra Pradesh are vying for a share of the pie. The aerospace industry is a high-tech industry that requires a lot of infrastructure and support, and both states are trying to attract investors to set up shop in their respective states.
Karnataka has been a hub for the aerospace industry in India, with several major players already setting up shop in the state. The state has been actively promoting itself as a destination for the industry, and has even set up an aerospace park in Bengaluru to attract investors. However, the failure to acquire land for the park has been a major setback for the state.
Andhra Pradesh, on the other hand, is trying to catch up with Karnataka in the aerospace sector. The state has been actively promoting itself as a destination for the industry, and has even offered to provide land to investors who are willing to set up shop in the state. Lokesh’s offer to provide land to the aerospace industry was seen as a bold move to poach investors from Karnataka.
The battle for investors between Karnataka and Andhra Pradesh is not new. Both states have been vying for a share of the pie in various sectors, including IT, biotech, and pharma. However, the aerospace industry is a significant sector that requires a lot of infrastructure and support, and both states are trying to outdo each other to attract investors.
In conclusion, the battle between Karnataka and Andhra Pradesh for the aerospace industry is heating up. While Karnataka Home Minister G Parameshwara has declared that his state will not let investors go to other states, Andhra Pradesh Minister Nara Lokesh is trying to poach investors by offering to provide land to the industry. The industry will have to wait and see which state comes out on top in this battle for investors.
Source: https://x.com/ani_digital/status/1945376168099655751
