Netflix is making significant strides in India, a market that has historically been challenging for its competitors. In the second quarter, India emerged as the second-highest contributor to Netflix's net subscriber growth and the third-highest in terms of revenue growth. The company attributes this success to its localized content strategy...
Indian Companies Rush to Bid for Green Hydrogen and Electrolyzer Funds
India plans to reach 5 million tons in annual green hydrogen production capacity by 2030. In July, India invited pilot bids under its $2 billion program to incentivize production of green hydrogen and the manufacturing of electrolysers. The Indian government unveiled the results of two major auctions to support domestic...
India Plans Incentives for Green Hydrogen Fuel Producers
According to a top government official, India plans to give green hydrogen fuel producers incentives worth at least 10% of their costs under a $2 billion outlay set to begin before the end of June. For India, with less than five decades to go for its net-zero target, and with...
FDI into India Rose 13 Percent, Despite Covid
Foreign Direct Investment into India rose by 13 per cent in 2020, boosted by interest in the digital sector, and while fund flows declined most strongly in major economies such as the U.K., the U.S. and Russia due to the Covid-19 pandemic. India's 13 per cent rise in FDI saw...
Silicon Valley Tuning In to India's Music Industry
India's internet boom has tech giants turning to the country's 560 million internet users, and massive music industry. Facebook signed licensing deals with some of the biggest record labels in Bollywood that will allow users of Facebook and Instagram in India to add songs to their posts. Google rolled out...
India's Jio Hopes to Be World's Fifth Largest Telecom Operator
Reliance Jio, which launched India's first nationwide LTE network in September 2016, signed up more than 100 million 4G subscribers in less than six months. South Korea's Samsung is Jio’s sole LTE network provider. End February this year, Jio and Samsung extended their partnership, and announced plans to enhance the...