What does the India federal budget for 2014 mean to the geospatial industry?

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The new India federal government that came to power a month ago announced its first budget last week. Aimed at fiscal growth of the world’s third largest economy, the new India federal budget has specific focus on programmes that support growth in the geospatial industry. These include opportunities in infrastructure and transportation projects, a river linking project, the ‘100 Smart Cities’ program, irrigation for agriculture projects, and defence modernisation programs.

There’s a huge push for infrastructure in the new India federal budget and the geospatial industry plays a major role in it. Geospatial technologies provide accurate, timely and actionable information to decision makers. “This information acts as a backbone for the planning, building and maintenance of modern infrastructure, from rail to road to ports and Special Economic Zones (SEZ). Modern technologies in surveying such as 3D laser scanning, mobile mapping, continuously operating GPS reference stations and small UAVs are key to ensuing that India can plan and build its infrastructure accurately, on time and within budget. The focus must be on quality and that’s the key role of geospatial technology,” says Kaushik Chakraborty, Vice President at Hexagon India.

Hexagon Geospatial Portfolio Solutions to India's Upcoming Projects

Hexagon Geospatial Portfolio Solutions to India’s Upcoming Projects

At Hexagon India, our focus has always been on Smart Solutions and Technologies. “The geospatial industry has been given an opportunity to become an integral part of the next phase of economic expansion for India,” adds Kaushik. Learn more on our solutions.

Read more on Kaushik’s comments in the full article by Geospatial Media and Communications.

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