Not able to create a 2d physics material

I am not getting an option under Assets → Create → Physics Material 2d
instead it shows me just Assets → Create → Physics Material

not showing an option to create a 2d physics material

Hello @rasesh2001
Are you using Unity 2020.2 or newer? If so, take a look at this post:

you need to go into create 2d physics material

That option was accidentally made unavailable as per the link posted above.