Netflix bets big on Indian market but faces slew of rivals offering cheaper packages

Netflix bets big on Indian market but faces slew of rivals offering cheaper packages

Photo by Charles on Unsplash

Netflix Inc., whose shares plunged after it reported the worst drop in U.S. users since 2011, is looking for new subscriber growth in India, a rapidly expanding streaming market. Trouble is, so are a raft of ambitious local players with cut-rate programming packages.

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