Mukesh Ambani backs Bills on data privacy, cryptocurrency

Stating that data is the ‘new oil’, he said every citizen’s right to privacy has to be safeguarded.

Mukesh Ambani on Friday backed the proposed and , saying India is putting in place the most forward-looking policies and regulations.

Mr. Ambani, who has been a votary of Indians owning and controlling their own data and the nation drafting strict rules around how digital information is stored and shared, said nations have the right to build and protect strategic digital infrastructure.