Risk Radar Newsflash | Navigating the Drought: the Impact of Bengaluru's Water Crisis on the IT-BP Landscape
Risk Radar Newsflash
18 Apr 2024
by
Parul Jain, Kanishka Chakraborty, Srish Gowtham
The severe water crisis in Bengaluru, Karnataka, has affected business operations in the city over the past two months due to insufficient rainfall in 2023 and depleting groundwater levels. Employees working with global services firms have been impacted by the lack of water in office premises and irregular water supply in residences. Although the government has announced measures such as the revival of borewells and the Cauvery Phase Five project, the crisis has raised serious concerns about Bengaluru’s business viability and long-term sustainability.
This Risk Radar Newsflash examines the ongoing water crisis’s impact on business operations in Bengaluru, the measures announced by the government to tackle the crisis, and the short-term and long-term implications for global services firms operating in the city.
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