Netflix Launches in India
Having launched in India, Russia and 130 new countries, Netflix is all over the world,. Netflix CEO Reed Hastings announced that his streaming video giant more than tripled the number of countries it operates in.
Forbes reports that Wall Street hopes Netflix’s international expansion can outweigh concerns about slowing growth at home in the United States. The company’s shares were up 5.5% after the announcement.
Reuters sayts that Netflix’s new service in India starts at $7.50 per month, with additional plans coming in slightly higher, at $10 and $12 each, and users will be able to access Netflix through an app on a smart TV, a video game console, a streaming player, a smartphone or a tablet.
Posted on January 17th, 2016
by Gunjan Bagla
California-based management consultant Gunjan Bagla runs Amritt, a consulting firm helping American companies to succeed in India. Amritt is the trusted advisor for India market research, India business development, India market entry, Global Engineering, Global Technology Scouting, India R&D and Open Innovation.
Gunjan is author of "Business in 21st Century India: How to Profit Today from Tomorrow’s Most Exciting Market" (Hachette Book Group, 2008), Amazon's top rated title on the subject.
He has appeared as the India Expert on BBC Television, Bloomberg TV, Fox Cable Business and has been quoted in the New York Times, the Los Angeles Times, the Hollywood Reporter and Business Week for his expertise on India.