CEOs Ride Tractors to Work as Rains Engulf India Tech Hub
- India’s Silicon Valley has been hit by torrential rains
- Global firms have key operations in the technology hub
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Weather officials are predicting further bouts of severe weather in Bangalore as torrential rains pounded the city, submerged access to office parks and hit back-office operations that are the nerve center of the global financial and technology industries.
Known as India’s Silicon Valley, Bangalore has faced consecutive nights of relentless monsoon rains that have crippled transport and business operations on the city’s key Outer Ring Road (ORR), an area where big name international firms such as Microsoft Corp, Intel Corp, Goldman Sachs Group Inc. and Morgan Stanley have offices. It’s also caused tens of millions in productivity losses locally, according to an industry group.