• The Indian music streaming market is getting more competitive with the recent launches of Spotify and YouTube Music in India.

Jean-François Ambrosio - 30/04/19
  • The Indian music streaming market is getting more competitive with the recent launches of Spotify and YouTube Music in India. Both companies will compete with the Indians JioSaavn and Gaan as well as other international players Amazon Music and Appel Music. The Indian market is quite small (213 M USD in 2019 for 90 M users) compared to the US (4,4 Billions USD) and China (820 M USD), but is growing quickly. Gaan has already 80 M users. Apple Music just announced price cuts with a new plan starting at 49 INR per month for student, down from the earlier 60 INR per month. Individual plans are now 99 Inr per month at par with YouTube Music Premium, Gaana Plus, Wynck and JioSaavn Pro, and a few roupies cheaper than Spotify (119 Inr per month).
Tags: Music market
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The Tech & Services Department of Business France - Trade & Investment Commission in India informs, advises and assists French companies in their international expansion with India and South Asia. It also helps Indian stakeholders in bridging with French technology and business counterparts as well as guiding them -through our Investment Department- in their potential investment strategy in France.   A key focus on the agenda of the Department is the promotion of the " French Tech " initiative in India which aims at fostering the relations between the French Tech and the India Tech ecosystems; an area where we believe there are strong perspectives for fruitful partnerships.   In order to foster business and technology tie-ups between French and Indian companies, the Department is regularly organizing business delegations of French stakeholders to India, B2B/B2G events as well as individual B2B meetings.

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