India’s very own navigation solutions provider MapmyIndia has welcomed the government’s historic initiative to open the geospatial sector. The impact of the new guidelines announced yesterday (Feb. 15) would be far reaching and deep, making a difference to the lives of millions of Indians directly and indirectly.
“With the unlocking of the value of the geospatial sector to all of India and all Indians – consumer, business, government or social sectors – PM Narendra Modi has driven India into a historic, new reformed era. There will be unprecedented value creation for Indian economy and society. We whole-heartedly and sincerely applaud and thank the Honourable PM and the Government of India on this historic step,” said Rakesh Verma, Chairman and Managing Director, MapmyIndia.
“Sectors such as agriculture, healthcare, finance & revenue, logistics, transportation, technology, commerce and many more, which form 70% of India’s GDP will be positively impacted, and the country will see 4-5% GDP growth due to the horizontal, wide-spread and all-pervasive benefits of geospatial technologies,” he added.
The company has been building digital maps and advanced geospatial technology products, APIs and solutions for 25 years tirelessly because of its passion to enable India’s growth. MapmyIndia’s maps covers all 7.5 lakh villages, 7,500 towns at street and building level, 66 lakh kilometers of roads across the country and in cities, and in total provide unprecedented and unmatched precise door-step level maps and rich real-time information for 3 crore places such as house address, buildings and point of interest across hundreds of categories.
Five thousand customers, including leading vehicle manufacturers, tech companies, app developers, business as well as top government organisations use MapmyIndia, which indirectly empowers 20 crore Indians through its maps and tech, all built indigenously, to enable Aatmanirbhar Bharat, Sarvottam Bharat in strategic area of maps and geospatial.
Elaborating on how this unlocking will enhance the reach and benefits of MapmyIndia’s state-of-the-art solutions suite, Rohan Verma, CEO and Executive Director, MapmyIndia, said, “We have built the world’s most advanced digital maps and geospatial technologies – we call it the 4D Digital Map Twin of the Real World. This is a 3-dimensional map of the world, which updates live (the time 4th dimension) – for the outdoor and the indoor. Our 4D Digital Map Twin, of the outdoors, of the roads, of buildings and of the indoors, is in High-Definition, delivering maps which are extremely accurate and precise. These are advanced maps built by Artificial Intelligence, LiDAR, Cameras, Computer Vision.”
Recently, the Indian Space Research Organisation (ISRO) and MapmyIndia partnered to offer fully indigenous mapping portal and geospatial services by combining the power of the latter’s digital maps and technologies with the former’s catalogue of satellite imagery and earth observation data.