Singapore-based Changi Airports
International has bid jointly with the Tata Group to develop three airports at
Gulbarga,
Shimoga and
Bijapur districts in Karnataka.
Tata Group will have 51 per cent stake
in the joint venture and Changi Airports, 49 per cent. The bids were submitted
in May 2007 after the Karnataka Government invited expressions of interest for
the projects.