Govt may notify data embassy policy as part of new Data Bill
The centre may soon notify a policy permitting countries and corporations to set up “data embassies” within India that will offer “diplomatic immunity” from local regulations for national as well as commercial digital data, top lawmakers told ET.
The policy may be introduced as a part of the upcoming Digital Data Protection Bill, which is likely to be tabled in March, they said. Regulatory sanction for “data embassies” could spur greater investment in India from technology infrastructure and cloud storage companies.