India’s richest man Mukesh Ambani warned the country’s prime minister Narendra Modi last year of the need to remain vigilant against a looming threat: data “colonisation” by foreign companies. “Data is the new wealth,” Mr Ambani, the chairman of the sprawling oil-to-retail conglomerate Reliance Industries, said at a business summit in Gujarat. “India’s data must be controlled and owned by Indian people and not by corporates, especially global corporations.” Read More...
India’s richest man Mukesh Ambani warned the country’s prime minister Narendra Modi last year of the need to remain vigilant against a looming threat: data “colonisation” by foreign companies. “Data is the new wealth,” Mr Ambani, the chairman of the sprawling oil-to-retail conglomerate Reliance Industries, said at a business summit in Gujarat. “India’s data must be controlled and owned by Indian people and not by corporates, especially global corporations.”
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