News > Bengaluru IT firms lose ₹225 Crore to traffic

Bengaluru IT firms lose ₹225 Crore to traffic

Bengaluru IT companies suffered a lost of ₹225 crore on August 30 as their employees were stuck in the traffic for around five hours in heavy flood situation that brought the city down on its knees that day.

The Outer Ring Road Companies Association had written to chief minister Basavaraj Bommai on September 01 about the loss and the urgent need to redevelop the infrastructure of the city.