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Indian Geospatial Economy Report

Indian Geospatial Economy Report is a unique exercise undertaken by Geospacial Media and Communications to address the demand for a coherent, robust, and comprehensive analysis of the state of geospatial economy in India. The report provides the key stakeholders with comparative assessment of current policies, geospatial technology and information management and governance structures and adoption scenario at national and state level. The study presents an estimate of current and future spread of geospatial market opportunity, addressable market estimates and key action areas to enhance the overall geospatial economy size in the country.

The complete report is available for purchase at https://geobuiz.com/india-geospatial-economy-report.

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Key Findings

Geospatial Economy

A geospatial economy comprises of the following components:

  • Market size through commercial procurement of equipment,software, data, services
  • Exports of geospatial equipment, software, data andservices
  • Public expenditure on creation and maintenance of geospatial data, infrastructure and institutions
International Trade
  • Geospatial industry in India has a significant trade surplus of nearly INR 5,385 Cr
  • India relies heavily on imports for its geospatial hardware requirements. For 2017-18, estimated to be worth INR 1,274 Cr
  • Export of services has seen consistent growth. India exported INR 6,659 worth of services during FY 2017-18
Employment
  • At present, the Indian geospatial employs nearly251,300 persons
  • Of this total, nearly 67,000 are engaged in exports related services
  • There are huge employment generation opportunities in India for basic services such as surveying, map digitization, content development, APIs, data analysis, etc.
Government Expenditure
  • During 2017-18, the governments spent nearly INR 6,291 Cr through multiple national geospatial agencies through revenue and capital expenditure
  • It spent another INR 6,218 Cr in procurement of the geospatial data, hardware, software and services for its various ongoing projects

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