Personally, I like how MEITY has approached the development of the consent framework here - in the past, GOI would have volunteers (e.g. iSPIRT) build a framework based on industry feedback (e.g. AA or NHS) - this is a nice way of shortening the time to market (funded companies move faster) and stress testing the system faster.
Based on learnings from the West - this RegTech space would produce a few large outcomes e.g. DataGuard (Germany), Didomi (France), OneTrust (USA) etc
Btw, this notification was long overdue - several large BFSI institutions had conducted extensive vulnerability mappings in 2023/2024 as part of their preparation for the DPDP Act (I saw this first hand - it is being taken very seriously)
Any bets on which company in India first gets hit with the ₹250 crore fine? 😉