Data localisation: A giant leap backward

In April this year, the Reserve Bank of India (RBI) gave a terse one-page directive, asking payments entities operating in India to store all transaction data in India and make it available immediately on request. This was followed by the formation of a think tank by the Department of Commerce, purportedly to review the e-commerce laws and prepare India’s standpoint at the World Trade Organization. The unstated aim most probably was to hamstring American data companies by erecting a classic non-tariff barrier: Data localisation. The bias of this group was reflected not simply in the fact.....

Key stories on are available to premium subscribers only.

Already a premium subscriber?

Subscribe to get an across device (Website, Mobile Web, Iphone, Ipad, and Android Phone applications) access to Premium content, Breaking News alerts, Industry Newsletters, Stock and Corporate news alerts, access to Archives and a lot more.