Uber chief executive Dara Khosrowshahi called India an important market for the cab aggregator, not just because of the $1 billion it has so far invested here, but also because it acts as a lab to test products. “Indian customers are very different.
From being a math teacher in Swaziland, Reed Hastings, chairman, CEO and co-founder. of Netflix, has come a long way. After disrupting TV viewing in the U.S. and Europe, Netflix launched in India two years ago and has created a niche for itself for high-quality TV series and Hollywood movie content for the English-speaking audience in the country.
With the services sector being the biggest growth driver, both in terms of GDP as well as employment potential, it does not come as a surprise that the Union government has put the spotlight on a dozen sectors of service calling them the “Champion Service Sectors”. And going one step further, the Cabinet on Wednesday, approved special focus plans complete with monetary allocations to promote their development.
Asian rivals India and China have started a new romance on the silver screen. After the run-away success of the sports biopic “Dangal,” or “Let’s Wrestle Dad!,” last year, Chinese audiences and film distributors have embraced Bollywood’s two-hour, song-and-dance filled offerings with a renewed relish.