Geospatial Today announces the release of Indian Geospatial Industry Survey 2008 Report

New Delhi, Apr 27 (ANI/Business Wire India): Geospatial Today, a premier geospatial technology magazine based at Hyderabad, announces the release of the Indian Geospatial Industry Survey 2008 Report by Union Minister of Science and Technology and Earth Sciences Kapil Sibal, here today.

The occasion also marks the presentation ceremony of the Indian Geospatial Awards 2008.

The awards recognise and reward the companies and the people who have achieved highest standards in geospatial industry and are driving others forward.

This will be followed by Geospatial Round Table discussion with the honourable minister on the theme - GIS in India - Challenges and Opportunities.

The Indian geospatial industry is in its adolescent stage - not mature yet but full of immense potential and showing great promise.

After several unsuccessful attempts in the past to understand and assess the geospatial industry by NGOs, media, government bodies and academic institutions, Geospatial Today has launched the Indian Geospatial Industry Survey.

To present the facts in a scientific and systematic way, Geospatial Today has tied up with IMRB, a market research company to carry out The Geospatial Industry Survey 2008.

The survey is an attempt to gauge the health of the geospatial industry in India. It identifies the basic components of geospatial industry - data, software, hardware and services, analyses the worth of each segment and projects the growth in each.

The survey pegs the worth of overall geospatial market in India at Rs 6830 million in 2006-07. The services segment alone contributed 51 per cent, followed by hardware at 27 per cent, software at 14 per cent and data sales at 7.5 per cent. While the services sector is projected to grow at a CAGR of 20 per cent up to 2011-12, data is anticipated to grow at a CAGR of 30 per cent, software at 20 per cent and hardware at 19 per cent, for the same period.

The Indian Geospatial Industry Survey 2008 analyses the growth aspects of each of these verticals and makes authentic projections.

The report also incorporates the suggestions by various respondents that include reforms in the existing government policies, removal of restrictions on conduct of aerial surveys and accessibility to high resolution satellite imageries.

Based on the set benchmarks in innovation, achievements, competency, proven pattern of improved results, adherence to ethical business practices, setting challenging objectives and the nominations received from government, industry and academia, selections were made for the awards in the following categories:

-- Lifetime Achievement Award - Surveying - to Gen GC Agarwal, Retired Surveyor General of India

-- Lifetime Achievement Award - Geospatial Technologies - to Dr George Joseph, Director CSSTEA

-- Geospatial Company of the Year - Speck Systems Ltd

-- Geospatial Entrepreneur of the Year - Rajendra S Pawar, Chairman, NIIT

-- Geospatial State of the Year - Delhi

-- Geospatial Solution of the Year - Tsunami Early Warning System, INCOIS

-- Geospatial Product of the Year - MaymyIndia Navigator, CE Infosystems

-- Geospatial Leadership Award - Kamal K Singh, CMD, Rolta India

-- Excellence in Geospatial Usage:

(a) Vinod K Agarwal, IAS, Commissioner, Survey, Settlement and Land Records, Govt of Andhra Pradesh

(b) Aman Kumar Singh, CEO, Chattisgarh Infotech Biotech Promotion Society (ChiPS)

ANI