The field of Geoinformatics complemented by various IT technologies , has emerged as a front-runner among the various domains of technical and business development arena in the last decade. Even when the developed countries are facing a saturation in development, deployment, sales and maintenance of applications and products, many other developing and nearly developed countries present potential cases of vast opportunities to be tapped in the field of geo informatics.

India, being one of the most sought –after hotspot of IT and ITES services, has widely attracted the Geoinformatics community and has been seen as a major investment spot for the development of GIS projects. Apart from outsourced GIS projects, there is a great demand for carrying out government funded projects on different levels of local, state and national governance in India. This paper tries to identify different business opportunities in Geoinformatics from three levels of industry based in India and identify main drivers like latest technological trends and cost effective solutions for making it more than lucrative.

The three levels are:

• International
  

• Indian Govt/State/Local administration funded GIS projects

• Projects from Research/Academic institutions

The remarkable increase in the funds allotted to the geoinformatics domain by different levels of governance in india is triggered by rapid development initiatives based on sytematic research and planning. The success factor of entreprenaurship in this field largely depends on how effectively the opportunities are tapped at various levels . Knowing and implementing current trends and technologies in a cost effective way is the key to the successful entrepreneurship, in a country like India.