Given that most organizations – whether EU-based or not – have already been through the process of aligning with GDPR, this de-risks much of the compliance journey. Let’s start with the good news: whatever the outcome of the drafting process, the majority of the PDP bill requirements will almost certainly be the same or very similar to existing GDPR rules. India is a leader in IT and managed services, making it essentially the world capital of data handling and processing with over 55% of global outsourcing market share. However, India’s importance in the global data privacy world extends even beyond its huge domestic market and global export capabilities. This alone makes India a key trading partner from both a western and eastern perspective. From California to China, the direction of travel is much the same, but the spotlight now swings to India, where the much-delayed Personal Data Protection Bill (PDPB) is closer to being passed into law – although reports suggest it may be hopefully by end of 2021.Ī home to a billion+ people, India stands as world’s second most populous country and became the fifth largest economy in the world.
Yet its ripples are still being felt across the world to adapt to this ‘gold standard'.
It’s now five years since the EU General Data Protection Regulation (GDPR) was adopted and three years since its 2018 implementation.