HCLTech Joins Meta, IT Ministry Programme To Assist India XR start-ups

CIOTechOutlook Team | Thursday, 20 July 2023, 09:31 IST

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Extended reality (XR) technology businesses are being supported by Meta and the Indian government through the XR Startup Program, which HCLTech recently announced it has joined. These start-ups will be mentored by the IT company's professionals through leadership training and the sharing of business and industry viewpoints. Startups may use HCLTech's worldwide infrastructure, engineering technologies, and innovation laboratories as the program develops to create, test, and validate their services.
 
A general phrase for mixed reality, virtual reality, and augmented reality is "extended reality." HCLTech announced that it would serve as the program's knowledge partner and support the creation of an environment where Indian start-ups can create hardware and software services. The relationship between the companies will concentrate on agricultural technologies, healthcare, and education.
 
“We are thrilled to participate in the XR Startup Program to mentor and support startups and innovators in emerging technologies including augmented reality, virtual reality and mixed reality. Digital engineering is of strategic focus to HCLTech and our involvement in this program reinforces our commitment to nurturing emerging technologies and innovation to drive all-around growth,” said Vijay Guntur, President, Engineering and R&D Services, HCLTech.
 
The XR Program, which was launched in September 2022, is a joint initiative between the Ministry of Electronics and Information Technology (MeitY) and social media giant Meta, the parent company of Facebook, Instagram and WhatsApp. It offers a grant of up to Rs 20 lakh to selected start-ups working in XR technologies.
 
The Ministry of Electronics and Information Technology (MeitY) and social media behemoth Meta, the parent company of Facebook, Instagram, and WhatsApp, jointly announced the XR Program in September 2022. Selected startups working on XR technology might receive a grant of up to Rs 20 lakh from this organization.
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