The vice president and managing director of Facebook India on IT rules, traceability, Nick Clegg's view on it in the Indian context and the growth of short-form video formats
Ajit Mohan, vice president and managing director of Facebook India
Social media platform Instagram started off as a photo-sharing platform and is now a lot more than that, supporting long-form videos via IGTV, Live Rooms and short-video formats via Instagram Reels. While there are enough and more players in the global market, Ajit Mohan, vice president and managing director of Facebook India is confident there is room for expansion, since there is "a lot of excitement and energy for short videos”. Currently, there are 6 million Instagram Reels being produced every day in India alone.
Facebook, which owns Instagram and messaging service WhatsApp, has been in the news with regard to India's new IT rules. In an Instagram Live conversation, Mohan spoke to Forbes India about his take on the IT rules, traceability, and the explosive growth of short-form videos. Edited excerpts:
On the new IT rules:
We do recognise that there is a trade-off between free speech and safety. A lot of the IT rules are about creating a safer environment online. This is an agenda that we are aligned with 100 percent. A lot of our product changes, community guidelines and policies have been consistent with that as well. I have also said that our objective is to comply with these new [IT] rules, and we have said that we respect local laws.
On Facebook's vice president of global affairs Nick Clegg’s criticism of the IT rules: