Earlier this year, the Department of Science and Technology had announced that they would be coming up with a new draft of National Geospatial Policy. With the new policy coming up, we can expect lessening red tape in the way geospatial data is captured, created, or distributed. According to Inc42, the geospatial market of India will be valued at 1 Lakh crore market by 2029-30 (the existing market is 15,000 crore).
Solar and wind energy are on the top of the list for countries seriously exploring renewable energy sources. This is the right time to explore and invest in companies which can in future become the Exxon Mobils and Chevrons of the world. Borosil Renewables in India might be a behemoth in making. This is company which should be on everybody’s radar.
There is a very deep relationship between finance and innovation. Financial innovation creates new instruments, products and processes. Almost two decades ago, David Nussbaum, created a “blank cheque” company which was to be used to list a company in the exchange. Recently, SPAC has become the buzzword of the finance fraternity.