New Delhi, Feb 21 : Union Minister of State Science & Technology Dr Jitendra Singh Tuesday said that Space, drone, geospatial trio is bound to revolutionise the 21st century world and will also propel India as the world’s pre-eminent technological power in a few years from now.
Addressing the first-of-its-kind National Conference on “Geospatial Policy for National Development” in Delhi, Dr Singh said, unlocking of the Space sector for private participation in June 2020, issue of liberalized guidelines for Geospatial Data in February 2021 and final approval of Geospatial Policy in December 2022.
Dwelling on Geospatial Policy, Dr Jitendra Singh said, this technology is going to be an instrument of change in 21st Century India as apart from huge revenue generation potential, it will also open huge employment opportunities.
He said, as per one industry estimate, the Indian Geospatial economy in 2021 employed approximately 5 Lakh people across the country spread across the domestic market (including user industries, government services and export services) which is expected to rise over 10 lakhs by 2025.
The Minister said, in line with the vision of Prime Minister Narendra Modi, India is on the cusp of Geospatial Revolution and a healthy synergy among Government, Industry and Scientific Community will tremendously boost up economic output and would help India become a 10 trillion Dollar Economy by 2030.
Dr Singh said, the role of private sector would be very crucial in strengthening the Geospatial infrastructure of the nation and added that actual collection and collation of data and development of data themes have to be increasingly done with private sector participation consistent with Geospatial Guidelines.
He emphasized that the needs and requirements of the citizens related to various Geospatial/location-based solutions have to be predominantly serviced by the private sector with SoI and nodal ministries & agencies of various Geospatial Data Themes in a facilitative role.
