One of the largest Social Media Giant Meta Platform Inc, ie Former Facebook said it will be providing training to 10 million small businesses and entrepreneurs and 250,000 creators in India in the forthcoming 3 years. On Wednesday the company opened its new center for fuelling India’s New Economy (C-FINE) to support this initiative.

This C-FINE is housed in a 130,000 sq. ft office in Gurugram. This will be Meta’s first such standalone office in Asia. Meta’s Vice President & Managing Director, Facebook India (Meta) said that they see this as an opportunity for us to build a space that will house our largest team in the country. The office will be open to anyone who is driving change – be it creators, small business owners, entrepreneurs, artists, or community leaders.

The new office and the C-FINE were inaugurated by Rajeev Chandrasekhar, minister of state for electronics & information technology, and skill development & entrepreneurship. He also mentioned that he hopes initiatives like C-FINE, where technology is being positioned to fuel entrepreneurship & innovation and empower youngsters all around the country, take their dreams, and create critical mass, size, and scale. This is exactly what the power of the Internet and technology should be.

In the statement, he also mentioned that Small business was among the most affected group by the disruption caused by the pandemic. It forced those groups to switch to online apps and social media platforms including Facebook and Whatsapp for businesses to showcase and sell their Items.

According to the Facebook India team, apart from training, the C-FINE will also be used to showcase how technologies such as AR and VR can transform sectors such as education, healthcare, and commerce.