India plans sweeping overhaul of digital law as market swells

India plans to overhaul rules governing use of the internet, potentially altering business practices for Silicon Valley giants operating in the world’s biggest market.

A first draft of the new law will be published in June, which is expected to carry proposals on a range of topics with the goal of creating an environment where Big Tech can operate while being more accountable to government and protect users.

The existing two-decade-old law is ill equipped to achieve India’s digital economy target of $1 trillion or 20% of GDP over time, Rajeev Chandrasekhar, Minister of State for Electronics and Information Technology, said at a briefing in Mumbai on Tuesday.