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Updated on: Wednesday, December 15, 2021, 09:58 PM IST

Watch Video: India's talent will help us create better Metaverse, says Mark Zuckerberg at Meta's 2nd edition of Fuel For India event

Watch Video: India's talent will help us create better Metaverse, says Mark Zuckerberg at Meta's 2nd edition of Fuel For India event |

Watch Video: India's talent will help us create better Metaverse, says Mark Zuckerberg at Meta's 2nd edition of Fuel For India event |

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Below are excerpts from Mark Zuckerberg's address at Meta’s second edition of Fuel For India Event:

On Meta's vision for the metaverse:

"I think that the metaverse is going to be the successor to the mobile internet. It's this immersive internet (or embodied internet) where you're in it rather than seeing it...This is going to be an internet where you feel like you're there and you're present with people and in other places. And, I think it's this continuation of the technological trends that we've seen over the last few decades."

On the exciting ways that India is already building towards the metaverse:

"I am really excited about the role that India will play in building this future. India’s talent pool -- the engineers, developers and creators, and your whole vibrant start-up ecosystem are playing a huge role in shaping the future...India is on track to have the largest app developer base in the world by 2024, and already has one of the largest spark AR developer communities. The online gaming sector in India has seen a lot of growth over the past few years and our investment in gaming in the country keeps growing as we look at how it's going to take shape in the metaverse."

"We’re [also] investing in other growing areas like education and commerce through [investments in] Unacademy and Meesho, which are important use cases as we think about the future that we're building. We want to continue to partner in all of these areas as we accelerate the development of the fundamental technologies, the social platforms and creative tools that are going to be necessary to bring the metaverse to life."

"In order for [the metaverse] to work, this isn't going to get built by any one company or even a small number of companies -- we're going to need to empower millions of creators around the world. And that's what we're so excited about seeing here in India is the developer ecosystem, the ecosystem of individual entrepreneurs, the spirit around that is one of the things that makes India so special and is [why] I think we're going to see a huge amount of [the foundation] get built here in India."

On our partnership with the Central Board of Secondary Education:

"I'm really excited about this partnership and I think it's a huge opportunity to [invest in] this entrepreneurial spirit and bring some of these tools around the metaverse, [AR], and training to the education system here in India."

On what makes India such an exciting place for tech innovation:

"The reason why India is so exciting to me is two things that combined together make for something special -- the entrepreneurial spirit combined with the scale of what can happen...This is what is fuelling a lot of the internet economy in India already, but this is what makes me so optimistic about the future."

"When We're thinking about what the next generation is going to look like in terms of where these creators and developers are going to come from who are going to build the foundation of the metaverse - I think it's obvious India is going to be a huge part of that."

"We want to make sure that we can do our part to continue unlocking this [India’s] potential. Because I think the experiences that people build here are going to make people’s lives better all around the world."

Watch full event here:

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Published on: Wednesday, December 15, 2021, 09:58 PM IST
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