By Munjal Kamdar and Manish Sehgal
In the current era of Generative AI and other related technologies, business leaders face pressure on two common fronts: achieving profitable growth and fostering innovation. To meet stakeholder expectations, CxOs have widely adopted outsourcing. This strategic move allows companies to concentrate on their core activities. However, if the outsourced relationship encounters challenges, it can pose a significant threat to the organisation’s existence. Regulatory compliance is one such critical area. On August 11, 2023, the President of India assented to The Digital Personal Data Protection Act (DPDPA) following its approval from both houses of the Indian Parliament. This enactment establishes India’s first-ever privacy Act designed to empower individuals (referred as Data Principal in DPDPAA) with their right to privacy. The Act regulates the processing of digital personal data, acknowledging both individuals’ right to govern the use of their personal information and organisations’ legitimate purposes for data processing. Enterprises collecting personal data and defining purposes for collection and processing (referred as Data Fiduciaries in DPDPAA)…
