According to investors and industry participants, the National Geospatial Policy, 2022, which was announced last week, can aid India in creating a private startup environment.
The policy’s objectives, such as building India’s National Digital Twin, developing highly accurate topographical models, encouraging the blue economy, etc., may assist boost private entrepreneurs in the near future.
The policy lays out a 13-year roadmap for adopting and developing use cases of geospatial data in public governance and private commercial operations, encouraging homegrown startups, creating a “National Digital Twin,” developing highly accurate topographical data, including a digital elevation model, using geospatial data to develop an undersea economy, and more.
This news is written by Ms. Amrita Singh, Research Assistant, All India Legal Forum.