The central government had acquired the land as part of its plans to build an automotive testing track at Pithampur in Indore under the National Automotive Testing and R&D Infra Project (NATRIP) project.
"The Union Cabinet, chaired by the Prime Minister Narendra Modi today gave its approval for returning of approximately 478.307 hectares of land to the state government of Madhya Pradesh," an official statement said.
The deal comprises about 461.607 hectares of private land and 16.70 hectares government land, valued at around Rs 740 crore, for auto testing track at Pithampur in Indore, said the statement by the Ministry of Heavy Industries and Public Enterprises.
The National Automotive Test Tracks (NATRAX-Indore) is being set up on 4,140 acres land for comprehensive testing and evaluation of all type of vehicles.
The facility will have all types of surface type to test vehicles against varying terrains and stringency.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
