The Economic Times, New Delhi about Geokosmos / Geokosmos plans office liaison here by paramita chatterjee

GEOKOSMOS International, a leader in the topographical survey market of Europe, is all set to foray into India. It is planning to set up a liaison office in Delhi to primarily engage in general business development within the aerial photography and mapping industry. "India is a potential market and we too are looking forward to building relations with business partners and clients there," said Geokosmos vice-president, International Business Development, Peter Goellner.

The company is awaiting RBI approval to set up its office here. "It's in the final stages. Once we get the approval from the Indian authorities, we will launch our liaison office and provide technology for aerial photography that in turn will speed up infrastructure projects," Mr Goellner said.

Generally companies set up liaison offices to get the feel of the market to understand business prospects and condition before incorporating companies in India in the form of wholly-owned subsidiaries or JV companies with local partners.

"In India, aerial photography is restricted as it mostly carried out by government entities. With the boom in infrastructure, the regulations will be eased and private players will be given a fair chance," Mr Goellner said. Aerial photography will help boost transportation and infrastructural projects in India.

Earlier Geokosmos participated in Map India 2008, which was held in Greater Noida between February 6 and 8. Geokosmos' operations cover all aspects of project management, LiDar surveying, aerial photography, GIS photogrammetry, cartography, imagemapping, and research and development of mapping technology.

The Economic Times, New Delhi

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