Geospatial tech fueling Indian economy: Expert

The geospatial technologies play a pivotal role in propelling India’s ambitious journey towards a $5-trillion economy, said Saurabh Rai, Chief Executive Officer of Arahas Technologies, while addressing a gathering at GEO Smart India 2023, the largest and most influential event in the geospatial industry, held in Hyderabad on Tuesday.

Emphasizing the significance of geospatial technologies in India’s economic ascent, he highlighted policies such as the National Geospatial Policy that serve as enablers of progress. He drew attention to precision agriculture, illustrating how geospatial analytics can provide substantial value to the agricultural sector, underscoring the impact these technologies can have on India’s economic growth.

A central theme of the event was the evolution of the geospatial industry in India. It has evolved from being a provider of geospatial services to delivering comprehensive solutions. This transformation signifies India’s preparedness to engage in complex projects that span multiple sectors and involve various stakeholders, aligning with the nation’s ambitious economic goals.

“Niche Micro, Small, and Medium Enterprises (MSMEs) play a pivotal role as system integrators in the geospatial landscape. Their agility and specialization enable rapid adaptation and seamless integration into larger, more complex systems, further enhancing India’s geospatial capabilities,” emphasised Saurabh.