BENGALURU SHOULD be like a planet where there will be satellite towns along with the best of connectivity with rail, road, hitech travel systems and easy mode of transportation for the passengers.” Karnataka Chief Minister Basavaraj Bommai was not just thinking aloud when he spoke about the idea of building-integrated cities around Bengaluru to accommodate the growing population and provide better amenities. He walked the talk too – he went ahead and allocated Rs 8,409 crore for the ‘comprehensive development’ of Bengaluru in the state budget presented in March this year.
In fact, Bengaluru and its development has remained an area of focus for successive state governments. As India’s Silicon Valley, the city is one of the biggest contributors to the Union’s coffers. However, its unplanned and rapid expansion – it boasts a population of 12 million-plus – has made life in the city increasingly difficult due to its treacherous roads, declining air and water quality, encroached and polluted lakes, rapid reduction in the green cover and what not.
All-round Development
Not just Bengaluru, regions surrounding Bengaluru are also being developed to meet the growing demand across sectors, state government officials say. Take, for example, global industrial townships like the 70-acre Technology Innovation International Park (CDC Taiwan) that boasts grade-A infrastructure. “Then there is Japan Industrial Area Township spread across 520 acres with 200 acres already allotted, 31 acres have been reserved for commercial activities, uninterrupted power supply,” says Bommai.
This story is from the July 16, 2022 edition of Businessworld India.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the July 16, 2022 edition of Businessworld India.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Gauging Trumponomics For India
Despite some shortto mediumterm headwinds in trade and immigration, the broader Indo-US vision of counterbalancing China’s influence is expected to ensure continued cooperation under Trump 2.0
Reflections on Consciousness and Creation
Indian-American DEEPAK CHOPRA on the nature of the universe, the digital fabric of existence, and the power of a conscious mind
MORE TAKE TO DRIVING IN STYLE
High-end luxury vehicles are no longer part of a niche market, but a rapidly expanding segment of automobile sales, driven by changing consumer preferences, rising disposable incomes and better infrastructure
India's Growing Affinity for Swiss Watches: A Luxury on the Rise
NDIA'S ROBUST ECONOMIC growth, projected to exceed 6 per cent in 2024 and 2025, is fostering a rising demand for aspirational products. As disposable incomes increase, particularly among the expanding middle class, luxury goods such as Swiss-made watches are gaining popularity.
An ENRiching Outlook
KPMG's latest report shows energy CEOs being optimistic about the sector's outlook. ANISH DE, Global Head, ENRC, KPMG speaks to BW Businessworld's Arjun Yadav on what's driving this confidence
Paving the Path to a Sustainable Future
Salesforce's ESG journey has made an impact beyond the company. SUNYA NORMAN, SVP of ESG Strategy and Engagement at Salesforce, shares more on how the tech giant integrates sustainability into its core operations, supporting global goals while empowering employees
LEADERSHIP TRANSITION AT XIAOMI INDIA
Xiaomi India is experiencing a leadership evolution, beginning with Muralikrishnan B's departure as President by the end of 2024. This change underscores Xiaomi's shift towards nurturing local talent amidst dynamic global shifts. The story tracks key transitions from Manu Kumar Jain's leadership to Muralikrishnan B's impactful tenure, along with recent strategic hires, highlighting Xiaomi's alignment towards market adaptability and consumer focus
WEAVING SUSTAINABILITY
Once a modest home textile manufacturer, Jindal Worldwide has evolved into a vertically integrated textile powerhouse, spanning critical segments of the yarn and fabric value chain
FORCE FOR GOOD
FY24 saw capacity expansions for Century Enka in nylon and polyester segments, along with investments in modernisation, renewable energy, and safety initiatives
REIMAGINING TOMORROW
For V-Guard, tomorrow signifies progress, driven by today's actions, setting the foundation for future growth and value creation for all stakeholders