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India's geospatial market is projected to grow to Rs 1 lakh crore by 2030, driven by tech advancements and government initiatives.
India's geospatial market, which includes technologies like GIS and GPS, is expected to reach Rs 1 lakh crore by 2030, growing at 13.45% annually.
This growth is driven by advancements in geospatial technologies and government initiatives like the Smart Cities Mission.
Globally, the market is set to reach $1.064 trillion by 2030.
India aims to become a major player in this sector through indigenous tech development and public-private partnerships.
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Se prevé que el mercado geoespacial de la India crecerá a Rs 1 lakh crore para 2030, impulsado por avances tecnológicos e iniciativas gubernamentales.