In what ways does regulatory compliance in India differ among industries?

Regulatory compliance in India varies greatly across industries, with each sector subject to its own set of legal and operational requirements. For instance, the financial industry is tightly regulated by the Reserve Bank of India (RBI), enforcing strict banking and financial laws. The healthcare sector, on the other hand, must adhere to guidelines from authorities like the Drug Controller General of India (DCGI) and comply with strict patient data protection rules. The manufacturing industry, in contrast, is primarily focused on environmental regulations and labor laws. Compliance challenges are unique to each industry, depending on its operational needs and governing bodies.