Investing more in India is a priority for Netflix: Reed Hastings

After investing Rs 3,000 crore in the past two years, global entertainment major Netflix plans to invest more in India amid growing and intense competition in streaming industry.

Netflix’s CEO Reed Hastings said that investing more in Indian market is a priority for the OTT platform.

“India as a market is witnessing explosive growth in video content viewership over the past couple of years — partially propelled by people having to stay home because of the Covid-19 pandemic,” he said.