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    IT Companies In Bengaluru Lost More Than $28 Million As A Result Of Traffic Jams

    Bengaluru, located in India’s Silicon Valley, is famed for its outdated infrastructure and public transportation system. Now it has come to light that the city’s IT firms suffered a loss of over $28 million (Rs 225 crore) on August 30 due to the employees’ prolonged travel time.

    According to reports, the estimate was made by the Outer Ring Road Companies Association (ORRCA) in a letter to the state chief minister Basavaraj Bommai based on the floods brought on by the monsoon rains that paralysed the city.

    “Since personnel were stranded on the road for more than 5 hours on August 30, flooding on ORR has resulted in a loss of Rs 225 crore. On ORR, the state of the infrastructure is critically critical.”

    Even if only 30% of the total traffic on the ring road returned, the ORRCA continued, traffic jams were still visible.

    “Although just 30% of the population of the ORR has returned to working from offices, the collapse of the infrastructure has raised questions about Bengaluru’s capacity to accommodate future expansion. The ORR has seen significant investment from Member Companies, according to the letter.

    The authority added, “It is believed that over a half a million people are employed on the Outer Ring Road length, commencing from Krishnarajapuram to the Central Silk Board region in Bengaluru. The stretch provided employment to over a million people and considerably boosted the economy. Over a million people are employed directly and indirectly along the 17 kilometre stretch, which makes a significant contribution to the state’s economy.

    Bengaluru

    According to WION, rain has been pouring nonstop for the past week or so in India’s biggest IT powerhouse. Rainfall in Karnataka, the southern Indian state whose capital is Bengaluru, totaled 820 mm. 187 villages and 27 districts have been impacted by this.

    According to Press Trust of India, 20 villages were affected by nine mm of rain over the course of a day.

    As a result, the roadways are inundated, forcing drivers to wade through murky water. Some individuals use motorboats to get from one location to another.

    Earlier this week, a picture of a volunteer carrying a catfish (known locally as Singhara) found on the city’s streets began circulating online.

    Also Read this:https:https://nextenews.com/2022/09/06/smartphones-for-children-heres-the-top-collection/

    Fantin
    Fantinhttps://nextenews.com
    Fantin is a Founder of Next E News and Director for Next Genesis Solutions. He is a Full Stack Web Developer in the day and Account Manager in the Night. His Interest is gain Knowledge in Technical & Electronics Platform and to implement in few of his projects.
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