With DPDP clock ticking, India Inc braces for ₹20,000-crore compliance spend

Privacy compliance is shaping up to be a major new cost centre for India Inc, with companies expected to spend nearly ₹20,000 crore in the first year of implementing the Digital Personal Data Protection Act, according to consulting firms. The organisation size, type of personal data and the industry vertical, also influence the size of investments, said Akshaya Suresh, Partner at JSA Advocates & Solicitors (JSA).“Restrictions on data transfer will require investments to host data in data centres in India. There will also be costs to move data to India if it is hosted in a region that is subsequently blacklisted by the government. If companies have vendors that store data globally, there may also be a cost to require vendors to host data locally or change vendors if they don’t support local hosting. Separately, data retention, archiving and secure erasure will also need infrastructure capacity planning,” she said. The story has also appeared in Communications Today and News Bytes.  Read more