Netflix Sees Significant Growth in India in Q2 2024

• Netflix added 8.05 million subscribers globally in Q2 2024, with 2.83 million from the APAC region, including India.
• India became Netflix's second largest market for paid subscriber additions and third largest for revenue growth in the June quarter.
• Successful original titles like 'Heeramandi' and 'Amar Singh Chamkila' drove growth in India, with 'Heeramandi' hitting 15 million views.
• Netflix's revenue in the APAC region grew to $1.05 billion, a 14.5% increase from last year, while overall revenue rose to $9.56 billion.
• Despite India's price-sensitive market and rising competition, Netflix continues to invest in local content and sees India as a key growth market.

Source: NDTV