Please note: you are viewing an old version of this deal. The current version can be found here: Deal #625

Deal #625 Version #48210

India
Created at
2013-02-15
Last update
2020-03-09
Last full update
2020-11-25

Land area

Size under contract (leased or purchased area)
  • [2006, current] 405.0 ha

Intention of investment

Intention of investment
  • [current] Industry
Comment on intention of investment
car production

Nature of the deal

Nature of the deal
Outright purchase, Lease
Comment on nature of the deal
The falsehoods of the chief minister chiefly pertain to claims made by him of having acquired 912 acres (3.69 square km) through voluntary consent of the owners without the use of force. In a fresh affidavit filed later in June 2007, the government admitted to 30 per cent of the land was acquired from farmers without consent.

Negotiation status

Negotiation status
  • [2006, current] Concluded (Oral Agreement)

Implementation status

Implementation status
  • [2007] Startup phase (no production)
  • [2008-10-07, current] Project abandoned
Comment on implementation status
due to peasants' resistance, the company in 2008 scrapped the project and shifted to another area (see project in #626). However, it continues to lease the land and in 2013 expressed intention to return to the area