IT firms and banking establishments in the Outer Ring Road (ORR) area have incurred a loss of ₹225 crore owing to the heavy rains and flooding on August 30, said Outer Ring Road Companies’ Association (ORRCA) in a letter to Chief Minister Basavaraj Bommai.
Seeking Mr. Bommai’s attention to address the “appalling infrastructure” in the ORR region in particular and the city in general, ORRCA said half a million professionals were employed along the ORR region between Central Silk Board and Krishnaraja Puram corridor.
“Heavy rains and flooding in the Outer Ring Road area on August 30, which brought parts of Bengaluru to its knees, led to a loss of about ₹ 225 crore in a single day,‘‘ the association said.
