India, Feb. 16 -- Meta, on Friday, confirmed that it is investing billions in building the world's longest undersea cable to connect five continents. Called Project Waterworth, the 50,000 km long cable will connect India, US, Brazil, South Africa and other "key regions". This project was mentioned in the joint statement released by India and the US during Prime Minister Narendra Modi's visit to Washington on Thursday.

The two countries announced the launch of Indian Ocean Strategic Venture, a "bilateral, whole-of-government forum to advance coordinated investments in economic connectivity and commerce". Under this venture, India intends to invest in maintenance, repair and financing of undersea cables in the Indian Ocean, using trusted v...