The Dialogue, in collaboration with Microsoft, held a series of significant stakeholder consultations from March to October on the theme “The Need for a Progressive Data Regulation Regime for Indian Startups.” These discussions aimed to shape a more enabling environment for startups in the evolving digital landscape. The consultations engaged 57 startups across various sectors, alongside legal experts, to delve into the complexities of India’s proposed Personal Data Protection Bill and its impact on innovation and privacy.
The report synthesizes these discussions, emphasizing the critical balance between fostering technological innovation and ensuring robust data protection. It explores the potential consequences of stringent data localization and cross-border data flow restrictions, highlighting their implications for startup operational costs and global competitiveness.
The consultations revealed a shared concern among stakeholders about the need for clarity in compliance obligations and the potential benefits of a regulatory sandbox to alleviate the burden on startups. This report offers strategic recommendations for policymakers to consider the unique needs of startups in the legislative framework. Discover the full array of insights and expert recommendations by downloading the detailed event report. Engage with the proposed pathways that can help navigate the challenges and opportunities in India’s startup ecosystem within the global data regulatory context.
