advanced manufacturing.
Organized by the Geospatial World Chamber of Commerce in collaboration with Geospatial World, this summit brought together key stakeholders from government, industry, academia, and research to explore and amplify the geospatial and space sectors' potential for innovation, economic growth, and sustainability.
With bilateral trade in geospatial and space technologies projected to grow from $2.5 billion in 2024 to $10 billion by 2030, the summit underscored how shared investments in technology, policy alignment, and manufacturing can accelerate global progress.
Sanjay Kumar, CEO of Geospatial World, highlighted India’s thriving geospatial sector, valued at $1.92 billion, as a global hub for cost-effective geospatial services.
He said, “The COVID-19 pandemic showcased the power of geospatial technologies for innovation and collaboration, enabling solutions that transcend borders. The partnership between India and the U.S.—India’s most comprehensive strategically—spans multiple sectors, including trade, defense, education, and healthcare, cementing a robust framework for innovation.”
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