As we approach the Union Budget 2025, Airace is optimistic about the government`s commitment to a technology-driven economy. The geospatial sector, projected to reach ₹25,000 crore by 2025, is vital for innovation and infrastructure development. We look forward to budgetary measures that focus on technology adoption, innovation, and ecosystem building.
Key expectations include:
- Funding for geospatial and satellite technologies to drive R&D in GNSS, AI, and IoT, supporting industries like agriculture, construction, and disaster management.
- Streamlined regulatory frameworks to ease geospatial technology deployment, such as simplifying licensing and high-resolution mapping restrictions.
- Investment in skilling initiatives to build a workforce skilled in cutting-edge technologies, integrating geospatial education into curriculums.
- Focus on digital infrastructure to support technologies like 5G, cloud computing, and real-time data analysis.
- Public-private partnerships to drive projects like Smart Cities and precision agriculture, positioning India as a leader in geospatial innovation.
With the right support, the geospatial sector can thrive, creating opportunities for start-ups, MSMEs, and large enterprises alike. At Airace Technologies, we are committed to building affordable, advanced geospatial solutions that contribute to India`s digital transformation and global tech leadership.