India's Bengaluru city may need nearly 28 billion rupees ($339 million) to restore a drainage network damaged by unfettered urbanization as repeated floods threaten to disrupt work and life in the IT hub, a report said.
Dubbed India's Silicon Valley for hosting more than 3,500 IT companies and startups, the city has seen an influx of millions of workers and a boom in real estate construction over the past two decades.
The report also said the city's share of built-up area ballooned to 93% in 2020 from 37% in 2002, replacing green cover and putting "severe stress" on the natural drainage system that channelled water into the city's interconnected lakes.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
India's IT hub Bengaluru may need $339 mln to fix drainage, avoid flooding -reportIndia's Bengaluru city may need nearly 28 billion rupees ($339 million) to restore a drainage network damaged by unfettered urbanization as repeated floods threaten to disrupt work and life in the IT hub, a report said.
続きを読む »
India's Bengaluru may need $363 million to fix drainage, avoid flooding - reportIndia's Bengaluru may need nearly 28 billion rupees ($362.7 million) to restore a drainage network damaged by rapid real estate development as repeated floods threaten to disrupt work and life in the IT hub, a report said.
続きを読む »
Climate change, strained infra worsen flood risk in India's Silicon Valley- reportIndia's Bengaluru city is at risk from repeated floods as unfettered urbanization and a projected surge in population, along with heavy rainfall, pose a strain on its drainage system, a report said.
続きを読む »
Breakingviews - India’s moment is obfuscated by its jobs deficit: podcastThe country is establishing itself on the global investment map. In this Exchange podcast, author and ex-IMF director Ashoka Mody talks about why executives should look at India’s underemployment problem instead of focusing on its 7% GDP growth as they size-up the opportunity.
続きを読む »
India's Atomberg Technologies raises $86 million in fresh fundingIndian home appliances company Atomberg Technologies on Monday said it has raised $86 million in a fresh funding round, led by Singapore's Temasek Capital and India-focused asset manager Steadview Capital Management LLC.
続きを読む »
The Exchange: India’s moment is obfuscated by its jobs deficit on Apple PodcastsFrom Breakingviews: 🎤 Listen to ex-IMF director Ashoka Mody chat with ugalani about why executives should look at India’s underemployment problem instead of focusing on its 7% GDP growth as they size up the country's big ‘moment’
続きを読む »