HomeNewsBusinessBengaluru floods | Smaller cities, with own economies is the solution, says Nithin Kamath

Bengaluru floods | Smaller cities, with own economies is the solution, says Nithin Kamath

"Most large Indian cities weren't built in a way to handle as many people living in them today. Disasters are bound to continue," the Zerodha founder has said

September 09, 2022 / 18:36 IST
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Zerodha co-founder and CEO Nithin Kamath.
Zerodha co-founder and CEO Nithin Kamath.

Techies on tractors, work from home, waterlogged streets and flooded homes, the rain woes of India’s tech hub Bengaluru have left policymakers and industry leaders scrambling for solutions.

The future lies in smaller cities, "with their own economies", India’s largest online brokering firm Zerodha’s founder Nithin Kamath has said.

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"Most large Indian cities weren't built in a way to handle as many people living in them today. Disasters are bound to continue," the CEO of the Bengaluru-based firm tweeted on September 9.

"The only real solution is to have many smaller cities with their own economies," Kamath added, saying nearly 50 percent of Zerodha's team lived in small cities, "a silver lining from COVID".