India could oblige e-commerce, social media firms to store data locally

India could oblige e-commerce, social media firms to store data locally

India is reportedly considering asking e-commerce and social media firms to exclusively store customer data locally, in a move that could affect global giants that operate in the country such as Amazon, Facebook and its messaging service WhatsApp.

A story, published by Reuters today (30 July 2018) quoted from a Draft National Policy Framework document which says the government is also thinking of tightening scrutiny of mergers in the e-commerce sector so that even small deals that potentially distort competition are compulsorily examined by the country’s anti-trust regulator.

Reuters notes that the Indian e-commerce landscape is currently dominated by Flipkart that is in the process of being bought by U.S. retail giant Walmart.

Other major e-commerce players are Amazon.com Inc’s local unit and Snapdeal, backed by Japan’s SoftBank.

As the space becomes busier, the government, according to the draft policy, will take steps to incentivise and develop capacity to store data of Indian customers locally.

“Data generated by users in India from various sources including e-commerce platforms, social media, search engines etc,” would have to be stored exclusively in India, the draft said, adding that the e-commerce industry could be given time to “adjust before localization becomes mandatory”.

It also said the government “would have access to data stored in India for national security and public policy objectives subject to rules related to privacy, consent etc”.

For the full story visit:

https://uk.reuters.com/article/us-india-ecommerce/india-looking-to-compel-e-commerce-social-media-firms-to-store-data-locally

Relevant Directory Listings

Listing image

Spectos GmbH

The Spectos Group, headquartered in Dresden, Germany, is an independent and internationally acknowledged company in the fields of market research, data analytics, technology, digitization and operations. Spectos supports its customers with tailor-made B2B solutions for the monitoring, management and design of their service quality in […]

Find out more

Other Directory Listings

News Archive

Advertisement

MER Magazine


The Mail & Express Review (MER) Magazine is our quarterly print publication. Packed with original content and thought-provoking features, MER is a must-read for those who want the inside track on the industry.

 

P&P Poll

Loading

Which stories do you most like reading about on Post & Parcel?

Thank you for voting
You have already voted on this poll!
Please select an option!






Pin It on Pinterest

Share This