Every year, higher pollution levels shave off $1.3 billion from IT sector in lost productivity, said the study by industry group CII; Clean Air Fund, a charity; and consulting firm Dalberg.
According to a study released on Thursday, air pollution costs Indian businesses $95 billion every year, or 3% of the country’s Gross Domestic Product, and cuts annual consumer spending by $22 billion.
Every year, higher pollution levels shave off $1.3 billion from the IT sector in lost productivity, said the study by industry group CII; Clean Air Fund, a charity; and consulting firm Dalberg.
If Delhi fails to clean its toxic air, the booming IT sector could lose more than $2.5 every year, the study warned. Delhi is the world’s most polluted capital, and India is home to 35 of the world’s 50 most polluted cities.