India’s tech regulators aren’t exactly known for being cutting edge in their thinking or nimble in their speeds. Quite the contrary.
Besides, it isn’t even clear how many regulators there are, or what exactly each one’s remit is. It’s an abundance of big egos, old bureaucrats, secretive committees, power plays and turf wars.
Pharma, telecom, financial services and e-commerce are just a few of the industry sectors where companies and business models have been either extinguished or supercharged due to regulatory decisions.