India, July 16 -- Reacting to Nara Lokesh's offer to aerospace firms to set up shop in Andhra Pradesh, Karnataka minister G Parameshwara on Wednesday said the state won't "let go" of investors to other states.

Parameshwara's remarks came in light of the Karnataka government dropping plans to acquire land for an aerospace park near Bengaluru's Kempegowda International Airport.

While the minister agreed that the state government may be unable to provide land in Devanahalli taluk, he clarified that the move doesn't mean investors should go invest elsewhere.

"If we are not able to give land in Devanahalli, we will give it at some other place. We will definitely not let the other investors go to other states, such as Andhra Pradesh, Maharas...