• Menu
  • Menu
  • Business
  • Subscribe now
    Digital subscription Print subscription Print+Digital (Bundle)
  • Logout
Digital subscription
Print subscription
Print+Digital (Bundle)
Trending
UAE holidays 2022 UAE weekend change Golf in UAE MS Talks Year of the 50th
  • Latest News
  • UAE
    • Weekend change
    • Crime
    • Education
    • Environment
    • Government
    • Year of the 50th
      • News
      • UAE's Progress
      • Photos
      • Videos
      • People
      • Culture
      • Milestones
      • Future
    • Health
      • Why Worry
    • Transport
    • Science
    • Weather
    • Ask the Law
    • Games
    • Reader Complaint
    • UAE's Hope Probe
  • Living In UAE
    • Visa+Immigration
    • Housing
    • Phone+Internet
    • Banking
    • Transport
    • Health
    • Education
    • Relocate
    • Ask Us
    • Safety+Security
  • UAE Success Stories
  • Business
    • Banking
    • Aviation
    • Property
    • Energy
    • Analysis
    • Tourism
    • Markets
    • Retail
    • Corporate News
  • Best Buys
    • Electronics
    • Home and Kitchen
    • Offers
    • Consumables
    • Lifestyle
  • Your Money
    • Saving and Investment
    • Budget Living
    • Taxation
    • Expert Columns
    • Community Tips
    • Cryptocurrency
  • Food
    • Cooking and Cuisines
    • Guide to Cooking
  • Games
    • Daily Crossword
    • Sudoku
    • Word Search
    • Spell It
    • Play
  • Play Games
  • Parenting
    • Pregnancy & Baby
    • Learning & Play
    • Child Health
    • For Mums & Dads
    • Ask Us
    • Games
  • Discounts
  • Magical Dubai
    • Dubai Life
    • Live the Luxury
    • Culture and History
    • Adventure
    • Staying Connected
  • World
    • Gulf
      • Bahrain
      • Kuwait
      • Oman
      • Qatar
      • Saudi
      • Yemen
      • Games
    • Mena
    • Europe
    • Africa
    • Americas
    • Asia
      • India
      • Pakistan
      • Philippines
    • Oceania
    • Offbeat
    • Coronavirus
    • Infographics
    • Games
  • Special Reports
  • Photos
    • News
    • Entertainment
    • Readers' Photos
    • Lifestyle
    • Business
    • Sports
  • Opinion
    • Editorials
    • Op-Eds
    • Letters
    • Off the Cuff
    • From the Editors
  • Sport
    • UAE Sport
    • Horse Racing
      • Dubai World Cup
    • Cricket
      • IPL
        • Chennai
        • Delhi
        • Punjab
        • Kolkata
        • Mumbai
        • Rajasthan
        • Bangalore
        • Hyderabad
        • Schedule
        • Live Scores
        • Point Table
        • Top Scorers
      • ICC
      • T20 World Cup 2021
        • Schedule
        • Live Scores
        • Point Table
        • Top Scorers
    • Motorsport
    • Football
    • Tennis
    • Rugby
    • Golf in UAE
      • UAE
      • World
      • Photos & Videos
      • Course Reviews
      • Eagle Eye
      • Learn to Play
      • Gear
  • Entertainment
    • Hollywood
    • Bollywood
    • Pakistani Cinema
    • South Indian
    • Arab Celebs
    • Music
    • TV
    • Books
    • Theatre
    • Arts+Culture
  • Expo 2020
    • News
    • Photos
    • Pavilions
    • Visit the Expo
    • Experience the UAE
    • Entertainment
    • Videos
    • Buy tickets
  • Going Out
  • Auto
    • News
    • Test Drives
    • Car Culture
    • Auto Care
  • Lifestyle
    • Health+Fitness
    • Community
    • Fashion
  • GN Reach
  • Jobs
  • Tech
    • Electronics
    • Gaming
    • Media
  • Videos
    • How-To
    • Best Of Bollywood
    • News
    • Entertainment
    • Business
    • Sport
    • Community
    • Technology
  • Travel
  • GN Focus
    • Special Features
  • Ms Talks
  • The Kurator
    • Share
    • Dare
    • Flair
  • Bayat Chapters
  • Gold-Forex
  • Notifications
  • Gold/Forex
  • Prayer Times
  • Cinema Listing
  • Buy Expo Tickets
  • About Gulf News
  • Contact us
  • Work with us
  • Terms and Conditions
  • Privacy Policy
  • Gulf News store
  • Advertise with us
  • Reach by GN
  • GN Focus
  • Gulf News epaper
  • Sitemap
  • Have your say
    • © Al Nisr Publishing LLC 2022. All rights reserved.
    Photos: COVID-19 pandemic empties India's Silicon Valley suburbs

    Photos

    Login / Sign Up
    Logout
    Saturday, January 22, 2022
    Gold / Forex

    Photos Business

    • News
    • Entertainment
    • Readers' Photos
    • Lifestyle
    • Business
    • Sports
    All Sections

    Photos: COVID-19 pandemic empties India's Silicon Valley suburbs

    With months of lockdown, companies are downgrading their spaces, moving to cheaper suburbs

    Published:  November 07, 2020 14:01 AP  and  Compiled by Nathaniel Lacsina, Senior Web Editor
    1 of 12
    India_Closed_Businesses
    Bengaluru: The coronavirus pandemic has transformed India's Silicon Valley. The shops are emptying out fast in an upscale suburb of this bustling Indian metropolis, and the once-popular pubs frequented by the young workforce have fallen silent. Image Credit: AP
    2 of 12
    India_Closed_Businesses
    The interiors of trendy showrooms, eateries and software companies are accumulating dust and rental signs have lined up the hollowed-out commercial hubs. The residents are calling it a "bloodbath on the streets." Image Credit: AP
    3 of 12
    India_Closed_Businesses
    Koramangala, a popular haunt among college students and young working professionals in southern Bengaluru city, the IT capital of India, is a mix of luxury apartments, commercial structures, and posh bungalows where many Indian billionaires live. Image Credit: AP
    4 of 12
    India_Closed_Businesses
    But with months of lockdown forcing businesses to shut and rental dues mounting, companies are downgrading their spaces and moving to cheaper suburbs, leaving the wide tree-lined boulevards eerily empty. Image Credit: AP
    5 of 12
    India_Closed_Businesses
    Thousands of students and professionals who worked for IT companies and lived in the area have moved back to their native places to work remotely. Image Credit: AP
    6 of 12
    India_Closed_Businesses
    Even as much of the Indian economy has reopened, Bengaluru's professional workforce is returning to work at a much slower pace than those in most other major cities, raising the risk that the city faces a more protracted recovery. Image Credit: AP
    7 of 12
    India_Closed_Businesses
    Bengaluru, also known as Bangalore, has been one of the worst-hit cities with nearly 345,000 cases including 4,000 deaths. Nationwide, more than 8.4 million people have been infected and over 125,000 have died. Image Credit: AP
    8 of 12
    India_Closed_Businesses
    In May, the government announced a $266 billion stimulus package, but consumer demand and manufacturing are yet to recover and the once-thriving shopping districts and commercial hubs are struggling. Image Credit: AP
    9 of 12
    India_Closed_Businesses
    Across Bengaluru, the stories are the same _ of property owners renting out places cheaply or watching them empty out. Some are even losing out on decades-old tenants. Image Credit: AP
    10 of 12
    India_Closed_Businesses
    "My good tenant of 17 years, an Italian designer furniture outlet, vacated recently," said G. Kirankumar, owner of a commercial building in Koramangala. "The situation is bad." Image Credit: AP
    11 of 12
    India_Closed_Businesses
    C. R. Janardhana, president of the Federation of Karnataka Chambers of Commerce and Industry, said 15% of the Bengaluru city's businesses have closed down and 140,000 industries and small and big stores have permanently shut. He said the city was witnessing a slow recovery after opening up but expected the crisis to remain until the pandemic ends. "People are not in a position to come out. They want to protect their families," Janardhana said. Image Credit: AP
    12 of 12
    India_Closed_Businesses
    For businessmen like Mir Riyaz, a handicraft seller at a luxury hotel in Bengaluru, decisions were made based on revenues, not health risks. When the owner of his shop refused a rebate in monthly rentals, Riyaz made a quick calculation and realized he could not afford to pay the money. With uncertainty about the resumption of his business still looming large, he vacated the store. "I am suffering like many others. Whatever is my fate, I have to face it," Riyaz said. Image Credit: AP

    Trending

    • Sania Mirza retirement: Highs and lows of her life

      Sania Mirza retirement: Highs and lows of her life

    Latest In

    • Priyanka Chopra welcomes baby through surrogacy

    • Priyanka Chopra, Nick Jonas welcome baby

    • Booster shots in US cut severity of Omicron variant

    • Flat, deflated Team India lose ODI series to Proteas

    • Philippines: 5 arrested for hacking 700 bank accounts

    Go back to top
    Network links:
    • Baby & Child
    • Friday
    • Inside Out
    • Watch Time
    • Wheels
    • getthat
    • GN Tech
    • Jobs
    • About Gulf News
    • Contact us
    • Work with us
    • Terms and Conditions
    • Privacy Policy
    • Gulf News store
    • Advertise with us
    • Reach by GN
    • GN Focus
    • Gulf News epaper
    • Sitemap
    • Have your say
    Find us on Social
    © Al Nisr Publishing LLC 2022. All rights reserved.
    This website stores cookies on your computer. These cookies are used to improve your experience and provide more personalized service to you. Both on your website and other media. To find out more about the cookies and data we use, please check out our Privacy Policy.
    Share on Facebook
    Share on Twitter
    Share on Whatsapp
    Share on Mail
    Share on LinkedIn
    Close
    Gulf News

    Get Breaking News Alerts From Gulf News

    We’ll send you latest news updates through the day. You can manage them any time by clicking on the notification icon.

    Subscribe No Thanks
    Continue reading Gulf News
    Dear Reader, please register to read gulfnews.com

    Dear Reader,

    This section is about Living in UAE and essential information you cannot live without.

    Register to read and get full access to gulfnews.com

    Create your account
    or login if you already have one
    First name is required.
    Last name is required.
    Please enter a valid email address.
    Password should have minimum 7 characters with at least one letter and number
    Passwords do not match

    By clicking below to sign up, you're agreeing to our Terms of Use and Privacy Policy

    Login your account
    New to Gulf News? Sign up now
    Please enter your email address.
    Please enter your password.

    Forgot password

    or