Business
American technology can’t break through in India
American tech companies are rolling up their sleeves and braced for an onslaught of regulations in India that will change the way they do business in the South Asian country.
On Saturday, India opted out of trade talks with a group of Asian countries led by the US, saying the benefits were not clear from trade commitments related to issues around the world. environment, labor and digital commerce. It added that it is in the process of consolidating its own digital framework and laws, particularly in regards to privacy and data. In doing so, India became the only participant in the 14-nation Indo-Pacific Economic Framework that did not participate in the group’s negotiating line on trade.