Geospatial World Chamber of Commerce – a non-profit entity promoted by Geospatial World to support and facilitate international trade and commerce. Geospatial knowledge serves as foundational infrastructure for sustainable socio-economic development and the same provides big boost to international trade and commerce. GWCC has been established with the objective to focus on B2B platforms at national, bilateral, regional, and multilateral levels. It aims towards connecting geospatial industry with mainstream political and economic leadership.
"Geospatial industry is amongst the fastest growing tech industry globally and especially powered and driven by innovation and public policy reforms across Space, Drones, AI/ML, Digital Twins, and Metaverse. Global geospatial industry is estimated to be 450 billion dollars in 2022 and is all set to be 1 trillion-dollar market by 2030.
United States is a major driver of space and geospatial industry globally. However, India is emerging as hub of global geospatial capacity with tremendous focus on innovation and start-up ecosystem, augmented by scalability of applications and services for domestic and overseas markets.
Having been committed to principles of democracy, global peace, and human development, United States and India have been expanding and strengthening their partnership across entire value chain of space and geospatial industry. A recently held high level summit, in Washington DC, did reinforce commitment of two countries to advance cooperation initiated in critical and emerging technologies. It also emphasised to extend cooperation in technology transfer and commerce in space and geospatial sectors.
Geospatial World Chamber of Commerce is thrilled with opportunities and feasibilities and reiterates its commitment to contribute to facilitate and contribute through social and business platforms that would play an engaging role in promoting trade and commerce between the two countries and beyond."
"Space infrastructure and geospatial knowledge services are at the core of digital age, driving next generation economy and society, and offering range of applications to support global development agenda. India and United States, the two largest democracies, are the biggest players in the space industry and are committed to work together to strengthen and leverage space capabilities for sustainable development and promote cooperation in the field of technology, services, trade, and commerce between the two countries and beyond India-Pacific region.
IN-SPACe is excited to partner with Geospatial World Chamber of commerce to organise 3rd edition of India US Space and Geospatial Business Summit that would serve as a platform to ideate and engage with government and business leaderships to pursue forward our common goals."
Promote, facilitate, advance, and protect interest of global geospatial and space business community
Draw plans and projects for encouraging the growth of trade and commerce worldwide
Advise Government on matters relating to commerce, trade and industry
Collect and share important information about industry, market and policies to its members
Assist Government in policy development and consultations on budgetary and procurement provisions
Bring to the notice of the Government the impact of various laws and regulations on business
Facilitate technological development through partnerships between academia, research, government and industry
Make the members aware of latest developments in technology, marketing, financing, human resources, etc
Establish chapters in various countries and develop and explore the areas where businesses can participate and cooperate
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