Bengaluru's tech corridor traffic congestion costs $15 billion annually

Traffic congestion in Bengaluru's tech corridor, which spans 17km between KR Puram and Central Silk Board, costs a whopping $15 billion per year. The Outer Ring Road Companies Association's (ORRCA) report to the state government showed the average peak hour speed on Outer Ring Road is just 4.4km/h, with congestion queues stretching over 3km during peak hours. The corridor employs 9.5 lakh people across more than 500 companies, contributing to 36% of Bengaluru's IT revenue, totaling $32.68 billion per year.