MeitY Partners With Meta To Support Extended Reality Technology Startups In India

The Ministry of Electronics and Information Technology (MeitY) Startup Hub (MSH) in collaboration with Meta, formerly known as Facebook Inc, will launch a programme to support and accelerate XR (eXtended Reality) technology startups across India.

Extended reality is an umbrella term referring to all real-and-virtual combined environments and human-machine interactions generated by computer technology and wearables.

It includes representative forms such as augmented reality, mixed reality and virtual reality and the areas interpolated among them.

The MeitY Startup Hub (MSH), an initiative of MeitY, is a national platform focused on promoting technology innovation, start-ups, and the creation of intellectual properties.

The MSH around 3000+ tech startups supported, with a vision to ramp it up to more than ten thousand startups in the next three to five years.

The XR support and acceleration programme will be announced on Tuesday (13 September) in the presence of Union of State for Electronics and IT Rajeev Chandrasekhar, and Joel Kaplan, Vice President, Global Policy, Meta.

This collaboration is part of the government’s efforts for skilling in emerging and future technologies, the Ministry of Electronics and IT said in a release on Monday (12 September).

According to the ministry, India is uniquely placed to play a pivotal role in the metaverse with a large talent pool of creators, developers and a vibrant technology ecosystem.

The world looks to India for supply technology, innovation and talent to cater to the greater demand for digital products, it added.