With the massive price cut, the streaming giant is aiming to woo the growing Indian audiences which are expected to come to SVoD platforms in \u2026<\/b>
\nWith the massive price cut, the streaming giant is aiming to woo the growing Indian audiences which are expected to come to SVoD platforms in the next five years Netflix India has slashed the prices of all its subscriptions plans in the country. Netflix India has slashed the prices of all its subscriptions plans in the country. Users can get Netflix plans at revised prices starting today,14 December. The streaming service giant has taken the step to expand its presence in the country and to compete with Amazon Prime, SonyLIV, Disney+Hotstar, ZEE5, and other Video-on-Demand (SVoD) platforms. India is a crucial market for the SVoD platforms as millions of people use tablets and smartphones to watch their favourite TV shows and movies online. The country still has millions of untapped users, which Netflix is targeting through the revised subscription rates. The company, which is also facing revenue losses in the US, is looking towards India and other regions to expand its viewer base. With the massive price cut, the streaming giant is aiming to woo the growing Indian audiences which are expected to come to SVoD platforms in the next five years. Earlier, Netflix had experimented with several strategies, like a free subscription for a month, to lure potential subscribers to join its streaming platform. The major streaming service had also offered free weekends to users in order to expand its subscriber base. Here\u2019s how Netflix subscription plans look like now after the reduction in prices: With this price cut, Netflix\u2019s subscriptions are on the same price band as compared to its business rival Amazon Prime, which recently hiked its subscriptions plans by up to 50 percent. The base plan of Amazon Prime starts at Rs 179 per month and the annual plan is priced at Rs 1,499. Moreover, Disney+Hostar charges Rs 499 for its annual subscription (mobile plans) and the premium plan on the platform costs Rs 1,499 annually. Read all the Latest News, Trending News, Cricket News, Bollywood News, India News and Entertainment News here. Follow us on Facebook, Twitter and Instagram. Updated December 14,2021 14:52:34 IST<\/p>\n