India proposes new e-commerce regulations with focus on data rules

NEW DELHI/MUMBAI (Reuters) - India outlined a new draft policy for its burgeoning e-commerce sector on Saturday, focusing on data localisation, improved privacy safeguards and measures to combat the sale of counterfeit products."In the future, economic activity is likely to follow data," the widely expected draft policy document said."It is hence vital that we retain control of data to ensure job creation within India".