ADD ANI AS A TRUSTED SOURCE
googleads
ANI Logo
Menu
Business

India to introduce new legal framework for data privacy, free data flow: Piyush Goyal

Union Minister Piyush Goyal announced that India is set to bring in a new legal framework to ensure data privacy while promoting the free flow of data among trusted global partners.

ANI Nov 22, 2024 09:06 IST googleads

 Union Minister Piyush Goyal (Photo/ ANI)

New Delhi [India], Novemeber 22 (ANI): Union Minister Piyush Goyal announced that India is set to bring in a new legal framework to ensure data privacy while promoting the free flow of data among trusted global partners.
The minister stated this during his address at the UK India Business Council's 'UK-India Technology Futures Conference' held in New Delhi on Thursday.
Highlighting India's capabilities, Goyal stated, "India is the best place in the world to provide sustainable infrastructure to the digital world. In addition to a robust legal system, India is going to bring out a new legal framework to ensure data privacy that will encourage free flow of data among trusted partners."
He emphasized the intersection of sustainability and the digital world, pointing out that data processing systems will consume a significant portion of energy in the future.
"Major portion of energy will be consumed by systems that will churn out data, and that will have an impact on sustainability issues," Goyal said.
The minister also noted India's extensive interconnected energy grid, which will reach a thousand gigawatts by 2030, combining traditional and renewable energy sources.
"For data centres, this huge amount of clean energy provides an unheard-of reliability and sustainability," he added.
Goyal also stressed the potential for collaboration between India and the UK, particularly leveraging the UK's innovation-driven universities and India's large pool of STEM graduates.
He proposed five areas for partnership which includes Developing AI learning platforms and integrating virtual reality into education, Collaborating on telemedicine to reduce healthcare costs in the UK and provide quality healthcare in remote parts of India, Creating climate modeling tools to predict and manage natural disasters, Advancing precision farming and residue-free agriculture to improve productivity and Innovating in industries like organic chemicals, engineering goods, and food products to capitalize on technological advancements.
Goyal concluded by emphasizing that the growing demand in India's emerging market makes it a promising destination for partnerships in cutting-edge fields. (ANI)

Get the App

What to Read Next

Business

Piyush Goyal meets global industry leaders to deepen trade ties

Piyush Goyal meets global industry leaders to deepen trade ties

The meetings were inclined towards bolstering India's manufacturing capabilities and deepening its integration into global supply chains. The discussions focused on expanding investment partnerships and enhancing India's role as a critical hub in the Indo-Pacific region.

Read More
Business

India market "relatively resilient" compared to its Asian peers

India market

The deepening conflict in West Asia has placed the Indian economy and the broader Asian region in the "eye of the storm," as supply chain disruptions and surging energy costs threaten to trigger a significant negative growth shock.

Read More
Business

India Emerging as Stable Investment Anchor in Turbulent Global

India Emerging as Stable Investment Anchor in Turbulent Global

Mumbai (Maharashtra) [India], March 12: As military conflict in West Asia disrupts energy supplies through the Strait of Hormuz and global liquidity tightens, leading investors, policymakers and capital markets leaders gathered at IGF Mumbai 2026: Catalysing Capital to assess India's position in an increasingly fragmented global economy.

Read More
Business

AdvantageClub.ai Celebrates 100 Global Women HR Leaders Driving

AdvantageClub.ai Celebrates 100 Global Women HR Leaders Driving

Gurugram (Haryana) [India], March 12: AdvantageClub.ai, a global AI-powered employee rewards, recognition and wellbeing platform, has unveiled the winners of the Most Admired Women Awards (MAW) 2026, honouring 100 outstanding women HR leaders who are driving transformation across the global workplace landscape.

Read More
Business

Kody Technolab Ltd. Launches Medigo Robot

Kody Technolab Ltd. Launches Medigo Robot

Ahmedabad (Gujarat) [India], March 12: Kody Technolab Limited today announced the launch of Medigo Robot, a health screening robot developed to enable rapid preventive health assessments and expand access to routine screening across healthcare, public, and institutional environments.

Read More
Business

With India’s Fasteners Market Projected at USD 17 Billion by 2034

With India’s Fasteners Market Projected at USD 17 Billion by 2034

New Delhi [India], March 12: The Indian fasteners market continues to demonstrate strong momentum, having reached USD 11.2 billion in 2025 and is projected by the IMARC Group to surge to USD 17.0 billion by 2034, reflecting a robust CAGR of 4.67% during 2026-2034. This dynamic growth is fueled by the expansion of the automotive, construction, and industrial sectors, as well as increasing demand for high-performance, lightweight fasteners, and strategic government initiatives such as "Make in India." In this thriving context and to boost domestic manufacturing, Messe Stuttgart India has launched FASTNEX 2027 with its highly anticipated Signature Edition, set to take place from 8th to 10th February 2027 at the Bombay Exhibition Centre, Mumbai. The event stands as a crucial platform for industry professionals to showcase innovative products, access market intelligence, foster collaborations, and expand their business networks, ultimately contributing to the overall advancement of India's manufacturing sector.

Read More
Business

Lexlegis to Showcase AI-Driven Legal-Tech Solutions at NVIDIA

Lexlegis to Showcase AI-Driven Legal-Tech Solutions at NVIDIA

Mumbai (Maharashtra) [India], March 12: Lexlegis, a pioneering legal-tech and AI-driven compliance solutions company, will participate in the prestigious NVIDIA GTC (GPU Technology Conference), scheduled to take place from March 16 to March 19, 2026, in San Jose. The company will exhibit its latest innovations at Booth #4054, engaging with global technology leaders, developers, and enterprises exploring the transformative power of artificial intelligence.

Read More
Business

India: CPI inflation rises to 3.21% in February 2026

India: CPI inflation rises to 3.21% in February 2026

India's Consumer Price Index or retail inflation in February was recorded at 3.21 per cent, official data showed on Thursday.

Read More
Business

Amul’s supplies to Gulf market remain consistent: MD Jayen Mehta

Amul’s supplies to Gulf market remain consistent: MD Jayen Mehta

Amul's supplies to the Gulf market remain consistent despite the ongoing conflict in the region, according to Jayen Mehta, Managing Director of Amul.

Read More
Business

DES Pune University’s Flagship Campus Platforms Drive Holistic

DES Pune University’s Flagship Campus Platforms Drive Holistic

Pune (Maharashtra) [India], March 12: DES Pune University continues to strengthen its vibrant campus life through its flagship academic, cultural, sporting, and research-driven initiatives - AAROHAN, RANANGAN, PARAMPARA, NAVONMESH, ETFI, and POV, creating a dynamic ecosystem that promotes experiential learning, creativity, leadership, innovation, and overall student development.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.