The geospatial economy has a growth potential of almost 13% by 2025

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It has already implemented guidelines for geospatial data (Guidelines for the acquisition and production of geospatial data and geospatial data services, including maps) in 2021.

India’s geospatial economy is currently valued at Rs 38,972 crore, but has the potential to grow 12.8 percent to Rs 63,100 crore by 2025, according to India Geospatial “Artha” report released on Tuesday.

The report which was launched during GeoSmart India 2021, in the presence of Amit Khare, advisor to the Prime Minister and Kiran Kumar, Vikram Sarabhai, professor, ISRO, indicates that if the Indian government is implementing the three geospatial policies of by 2022, which are currently in the draft stage, India’s geospatial economy has the potential to double in one year.

The central government is currently in the process of finalizing the Draft National Geospatial Policy (NGP) and the Draft Indian Satellite Navigation Policy (SATNAV Policy). It has already implemented guidelines for geospatial data (Guidelines for the acquisition and production of geospatial data and geospatial data services, including maps) in 2021.

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