![](http://dvsi.in/wp/wp-content/uploads/2021/08/data-oil-1.jpg)
Data is referred to as “Oil” because it has an inherent value, can be developed to extract more value and it is a bundle of new opportunities.
But finding a value for Data acceptable to different segments of the industry is a challenge.
The Data Valuation Standard of India tries to find a path to this Valuation Challenge.