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Sambhar Mafia - Cooked To Kill!

Wednesday, September 14, 2005

Bangalore – Problems aplenty

Saritha Rai of NYT writes about how Corporates are protesting against the current infrastructure problems in B’lore:
The Bangalore Chamber of Industry and Commerce says it is tired of the government's inability to deal with problems like traffic congestion, power shortages and inadequate airport facilities. To make its point, the group says it will boycott a government-sponsored information technology fair scheduled for November.

The absence of the group's 450 members - including the Indian units of multinational corporations like International Business Machines, Texas Instruments, Motorola and Oracle as well as influential domestic companies like Infosys Technologies and Wipro - probably would sink the annual technology fair, known as BangaloreIT.in.

Executives are concerned about what they maintain is a decline in Bangalore's attractiveness as a destination for investment. The chamber said that only 30 new companies set up operations in Bangalore in the year ending in March, compared with 52 the previous year.
In addition to the above, this statement by a Karnataka Minister is also likely to upset the corporates.

2 Comments:

  • It sure is a relief to be back in Chennai after staying in Bangalore for a while. Apart from the traffic the kind of accommodation you get is bad when you look at the money you pay.
    OTOH, Chennai's traffic seems to be getting worse too... A telltale sign of things to come???

    By Blogger Bala (Karthik), at 11:09 PM  

  • @Bala,
    Yeah....I too agree that the acco in a bit expensive in B'lore. Chennai also needs to do something before things get worse.

    By Blogger Kaps, at 10:39 AM  

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