
DPDP Bill will boost India’s digital economy: Nasscom
The Hindu
Ensuring comprehensive data protection is paramount for accelerating India’s digital economy and the Digital Personal Data Protection Bill strikes a harmonious balance between flexibility and data privacy measures, said industry apex body Nasscom.
Ensuring comprehensive data protection is paramount for accelerating India’s digital economy and the Digital Personal Data Protection Bill strikes a harmonious balance between flexibility and data privacy measures, said industry apex body Nasscom.
It was a tech-agnostic Bill and expected to cater to the dynamic digital ecosystem and help stimulate India’s digital thought leadership globally, said Debjani Ghosh, President, Nasscom on Friday.
“This is a giant step forward towards establishing India as a Trusted Innovation Partner for the world. This marks a significant leap forward for India to establish a robust framework for personal data protection and build India as a trusted data destination,’‘ she added.
The Union Cabinet’s approval of the Digital Personal Data Protection Bill was a significant milestone that would bolster trust and solidify India’s position as a global leading innovation hub, she further said. “This bill holds immense importance in today’s digital landscape, where data is integral to every industry and nation.”
According to Ms. Ghosh, this Bill has been a key ask from the technology industry and Nasscom has been working collaboratively with the government from the start to share insights and analysis on global regulations and provided detailed submissions right through the evolution of this regulation.

GCCs keep India’s tech job market alive, even as IT services industry embarks on a hiring moratorium
Global Capability Centres, offshore subsidiaries set up by multinational corporations, mostly known by an acronym GCCs, are now the primary engine sustaining India’s tech job market, contrasting sharply with the hiring slowdown witnessed by large firms in the country.

Mobile phones are increasingly migrating to smaller chips that are more energy efficient and powerful supported by specialised Neural Processing Units (NPUs) to accelerate AI workloads directly on devices, said Anku Jain, India Managing Director for MediaTek, a Taiwanese fabless semiconductor firm that claims a 47% market share India’s smartphone chipset market.

In one more instance of a wholly owned subsidiary of a Chinese multinational company in India getting ‘Indianised’, Bharti Enterprises, a diversified business conglomerate with interests in telecom, real estate, financial services and food processing among others, and the local arm of private equity major Warburg Pincus have announced to collectively own a 49% stake in Haier India, a subsidiary of the Haier Group which is headquartered in Qingdao, Shandong, China.










