India's geospatial economy is expected to cross Rs. 63,000 crore (US$ 7.67 billion) by 2025 at a growth rate of 12.8% and to provide employment to more than 10 lakh people.
India's geospatial economy is expected to reach Rs. 63,000 crore (US$ 7.67 billion) by 2025 at a growth rate of 12.8%, and is also expected to provide employment to more than 10 lakh people mainly through geospatial start-ups, said Dr. Jitendra Singh, Minister of State (Independent Charge) Science & Technology; Minister of State (Independent Charge) Earth Sciences; MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space. He was addressing the Second United Nations World Geospatial Information Congress (UN-WGIC) 2022 in Hyderabad on October 11, 2022.
Over 2,000 delegates, including 700 or more international delegates and participants from about 150 countries, are attending the 5-day conference.
More than 250 geospatial start-ups in India are showcasing the uses of geospatial technology in a variety of fields, including waste resource management, forestry, urban planning, and road mapping, said Dr. Singh.
An international GIS services market will be developed for the Indian geospatial industry with the help of geospatial science, technology, and skilled labour.
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