How India Plans to Protect Consumer Data

What businesses need to know about the Personal Data Protection Bill.

by

and

Luminita Enache

by

and

Luminita Enache

December 18, 2019

PM Images/Getty Images

Summary.

India looks set to legislate a Personal Data Protection Bill (DPB), which would control the collection, processing, storage, usage, transfer, protection, and disclosure of personal data of Indian residents. There are a number of features of the DPB that will require companies to change their business models, practices, and principles. The issues raised here serve as a primer for what businesses need to keep in mind about India’s new regulation and the increase in data protection regulation around the world.

The Indian government looks set to legislate a Personal Data Protection Bill (DPB), which would control the collection, processing, storage, usage, transfer, protection, and disclosure of personal data of Indian residents. Despite its regional nature, DPB is an important development for global managers. The digital economy in India is expected to reach a valuation of $1 trillion dollars by 2022 — and it will attract numerous global players who must comply with DPB.

Vijay Govindarajan is the Coxe Distinguished Professor at Dartmouth College’s Tuck School of Business, an executive fellow at Harvard Business School, and faculty partner at the Silicon Valley incubator Mach 49. He is a New York Times and Wall Street Journal bestselling author. His latest book is Fusion Strategy: How Real-Time Data and AI Will Power the Industrial Future . His Harvard Business Review articles “Engineering Reverse Innovations” and “Stop the Innovation Wars” won McKinsey Awards for best article published in HBR. His HBR articles “How GE Is Disrupting Itself” and “The CEO’s Role in Business Model Reinvention” are HBR all-time top-50 bestsellers. Follow him on LinkedIn.
vgovindarajan
Anup Srivastava holds Canada Research Chair in Accounting, Decision Making, and Capital Markets and is a full professor at Haskayne School of Business, University of Calgary. In a series of HBR articles, he examines the management implications of digital disruption. He specializes in the valuation and financial reporting challenges of digital companies. Follow Anup on LinkedIn.
Luminita Enache is an associate professor at Haskayne School of Business, University of Calgary. She investigates financial disclosures of new-economy firms. Follow Luminita on LinkedIn.

How India Plans to Protect Consumer Data

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