Asian Surveying & Mapping
Breaking News
Astranis clinches $115 million Taiwan deal despite satellite setback
TAMPA, Fla. — Astranis has signed a $115 million...
UAE and Egypt Strengthen Space Collaboration with New MoU
In a milestone development for Arab space collaboration, the...
Seoul launches 4th spy satellite to boost North Korea surveillance
South Korea’s military now operates an increasingly integrated cluster...
Indonesia seeks space defense cooperation with Japan’s military
Jakarta (ANTARA) - The Ministry of Defense of Indonesia...
China Launches 3 Astronauts To Its Space Station
The spacecraft Shenzhou-20 and the crew lifted off atop...
Former Isro chairman K Kasturirangan dies in Bengaluru at 84
Dr. Kasturirangan led the Isro, the Space Commission, and...
South Korea is converting an abandoned coal mine into a moon exploration testing ground
South Korea is transforming abandoned coal mines into testing...
ISRO to Launch Chandrayaan-5 With Japan, Plans Space Station
Dr. V. Narayanan, Chairman of the Indian Space Research...
Russia and China are threatening SpaceX’s Starlink satellite constellation, new report finds
SpaceX's Starlink satellite constellation is facing threats from Russia...
China and Pakistan agree to fly 1st foreign astronaut to Chinese space station
For the first time, the Chinese space program will train...

The $4 billion geospatial industry in India is expected to become a $20 billion market by 2025, growing at a cumulative annual rate of 12-15 percent.

According to M. Venkaiah Naidu, Union Minister of Urban Development, Housing and Urban Poverty Alleviation and Information and Broadcasting, the estimated annual budget of government agencies for GIS services currently stands at $3 billion, and this is expected to increase with the Indian government’s push to leverage space and location technologies for development and governance. The minister said the sector was likely to attract $500 billion in investments during next five years.

Naidu also said the government has major plans to digitalize 250,000 villages. “With digitialization, we can effectively tackle tax evasion, corruption and black money,” he added.

Click here to read more.

 

Digital India (digitalindia.gov.in) is one of several recently launched government programs that make use of geospatial technologies.