ByteDance buoyed by India’s new IT Rules, Biden move

New Delhi: India’s new IT rules and US President Joe Biden’s decision to scrap predecessor Donald Trump’s order seeking to ban TikTok downloads have given ByteDance renewed “hope and confidence” for the India market, almost a year after the Chinese company’s apps were banned here.

People familiar with matters at the company told ET that ByteDance wrote to the IT ministry earlier this month highlighting that it was compliant with the new intermediary guidelines despite not being operational. The company is hoping for a reply, they said.

ET sought the comment of the Ministry of Electronics and Information Technology on the matter, but did not get any response till the time of going to press on Wednesday.