Source link : https://asia-news.biz/asia/india/the-unsustainable-boom-shaping-indias-silicon-valley-future/
India’s Silicon Valley, long heralded as a beacon of innovation and economic growth, is facing mounting challenges that threaten its sustainability. The region’s rapid expansion has fueled an unsustainable boom characterized by skyrocketing real estate prices, strained infrastructure, and growing socio-economic disparities. In this article, the Financial Times examines the underlying factors driving this explosive growth, the impact on local communities, and the urgent need for strategic intervention to ensure that India’s technology hub can maintain its momentum without compromising long-term stability.
Economic Overheating and Infrastructure Strain Challenge Bangalore’s Growth
Bangalore, widely celebrated as India’s Silicon Valley, faces mounting challenges as its rapid economic expansion exerts unprecedented pressure on the city’s infrastructure. The boom, fueled by a surge in tech startups and multinational investments, has led to congested roads, unreliable power supply, and overburdened public transport systems. Urban planners warn that without immediate intervention, growth could become unsustainable, risking both productivity and quality of life for millions. The real estate sector, meanwhile, is struggling to keep pace, with soaring property prices exacerbating social inequality and forcing many workers into peripheral, poorly connected neighborhoods.
The strain on Bangalore’s infrastructure manifests in several critical areas:
- Traffic…
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Author : Mia Garcia
Publish date : 2025-08-29 23:43:00
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