YouTubers contribute Rs 10k cr to India's GDP

YouTubers contribute Rs 10k cr to Indias GDP
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YouTubers contribute Rs 10k cr to India's GDP

Highlights

Moreover, ecosystem on Google-owned platform supported over 750,000 full-time equivalent jobs in the country in 2021

New Delhi: YouTube's creative ecosystem contributed over Rs 10,000 crore to the Indian GDP and supported more than 750,000 full-time equivalent jobs in the country in 2021, the Google-owned company said on Monday.

The company also announced that Courses, a new product to bring a richer learning experience for viewers and a new way to monetise for creators, would begin rolling out in beta in 2023.

"We are delighted that YouTube's creative ecosystem continues to power India's creator economy, supporting new jobs and opportunities across the length and breadth of the country," said Ajay Vidyasagar, Director-South, SouthEast Asia and APAC Emerging Markets, YouTube.

Today, billions of people consume the content powered by YouTube creators in India the world over, according to the findings of the latest Oxford Economics study by YouTube.

This has helped creators unlock monetisation opportunities, allowing many to convert their passions into sustainable careers.

"We continue investing in ways to enable our viewers to learn valuable skills and gain access to knowledge that helps them achieve their potential and follow their dreams," said Ishan John Chatterjee, Director, India, YouTube.

YouTube announced that it would expand efforts to work with more healthcare institutions -- including Narayana, Manipal, Medanta, and Shalby -- to create and amplify credible content, covering more than 100 medical conditions, across Hindi, Marathi, Tamil, Telugu, Kannada, Gujarati, Bengali and English.

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