Reflecting the deepening strategic partnership between India and the United States, the 4th India-USA Space and Geospatial Business Summit convened earlier this month at the Hyderabad International Convention Centre, Hyderabad.
Organized by the Geospatial World Chamber of Commerce in collaboration with Geospatial World, the 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 event emphasized how shared investments in technology, policy alignment, and manufacturing can accelerate global progress.
India’s Role in a Transformative Partnership
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 stated:
“The COVID-19 pandemic showcased the power of geospatial technologies for innovation and collaboration. The India-U.S. partnership spans multiple sectors, creating a robust framework for driving global geospatial advancements.”
Hyderabad: A Global Geospatial Hub
Jennifer Larson, U.S. Consulate General in Hyderabad, emphasized the city’s role as a leader in geospatial data processing. She remarked:
“Hyderabad processes more geospatial data than anywhere else in the world. Joint initiatives in space exploration and geospatial technologies address critical challenges like climate change, disaster management, and food security.”
The summit also spotlighted initiatives like the NASA-ISRO SAR (NISAR) Mission, India’s National Geospatial Policy 2022, and Space Policy 2023, which have catalyzed industry growth.
Calling for enhanced collaboration, the summit set a roadmap to achieve the ambitious $10 billion trade target by 2030.