http://www.theregister.co.uk/2013/06/19/india_outsourcing_data_security_woes_eu/
By Phil Muncaster
The Register
19th June 2013
India’s outsourcing giants are likely to face more delays in their
frustrated bid to tap a potential IT services market worth $30 billion,
after a report emerged suggesting the EU still has big data security
concerns with the country.
The EU and India have been trying to finalise their Broad-based Trade and
Investment Agreement since 2006, with the goal of breaking down trade
barriers, but progress in the past few months has been slow, according to
The Hindu.
One of New Delhi’s major requests as part of the deal is for the country
to be recognised as a “data secure destination”, an accreditation which
could increase the country’s outsourcing revenue from the EU from $20bn to
$50bn, according to Nasscom’s Data Security Council of India.
Although the EU Justice Department’s study into India’s data protection
regime has not yet been completed, mutterings suggest it has identified
significant gaps in local laws which could require time-consuming
legislative amendments.
[...]
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