Indian geospatial market to grow to INR 36,300 crore by 2025
Geospatial technologies are the nation’s “digital currency” that can be applied to various sectors like Infrastructure, Manufacturing, Health, Agriculture, Urban Highway, Highways and Service Delivery. The size of the Indian Geospatial market in 2020 is estimated around Rs 23,345 crore. This includes Rs 10,595 crore of exports which is expected to grow to INR 36,300 crore in 2025, said Dr Jitendra Singh, Union Minister for Science & Technology.
Geospatial Policy will be announced soon as the liberalisation of the guidelines has yielded very positive outcomes within one year’s time. Open call for empanelment of Geospatial companies by Survey of India for mapping 6 lakh villages under the SVAMITVA scheme and the launch of pan-India 3D Maps Program by Genesys International for 100 cities, based on the concept of Digital Twins are historic and revolutionary in nature and will be a game-changer decision, he added.
Over 6 lakh Indian villages will be surveyed using drones under the Government of India’s SVAMITVA scheme. The government will also produce 3D Maps for 100 Indian cities, he said.
The Trinity of Geospatial Systems, Drone Policy and Unlocked Space Sector will be the hallmark of India’s future economic progress. This is in line with the strategic push by the Government of India for adopting emerging technologies across national mission-mode projects to achieve the vision of the USD 5 trillion economy.




