Indian Enterprises: AI Governance & Compliance Surge

4d ago·0:00 listen·Source: The Economic Times

Summary

Many Indian enterprises are prioritizing domestic, industry-specific guidelines and regulatory compliance for AI. This is happening as AI rollout gains traction across organizations. They plan stronger controls around ethics, identity management, and privacy. What's interesting is that these local frameworks are seen as broadly aligned with global standards. For example, Bandhan Bank uses the Reserve Bank of India's framework as a starting point for responsible AI deployment. An official from Cisco India and South Asia notes that local regulations are structurally aligned with global benchmarks like NIST and GDPR. The bottom line: While Indian firms are focusing on local rules, they are also working to ensure AI enhances decision-making while safeguarding rights and privacy.

Read the full article on The Economic Times

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