India testbed for Facebook innovations: Zuckerberg

New Delhi: India is increasingly becoming the testbed for innovations at Facebook, according to the social media giant’s founder and chief executive Mark Zuckerberg. “The decisions made here shape global discussion about how technology can drive more economic opportunity and better outcome for people,” said the 36-year-old tech magnate.

Pointing to India’s lead in creating digital ecosystems such as the Unified Payments Interface (UPI) — which notched up over 2 billion transactions in October — Zuckerberg said, “We’re grateful to be able to support this kind of innovation… and frankly, I think that a lot of other places around the world are going to be better off when they follow some of this lead that India has set in creating public goods like this.”