YouTube Celebrates Explosive Growth in India at Brandcast 2024 Event
CEO Neal Mohan reveals quadrupled CTV views, trillion Shorts views, and new ad formats, highlighting YouTube's expanding impact on Indian content and culture
At YouTube's Brandcast India event, CEO Neal Mohan delivered a compelling address, emphasizing the platform's rapid growth in India. A key highlight of his speech was the revelation that YouTube's Connected TV (CTV) views in the country have surged, quadrupling over the last three years. This growth underscores YouTube's expanding influence in Indian households, with CTV emerging as a major avenue for content consumption.
Brandcast is an annual event where YouTube presents its offerings to advertisers and marketers, showcasing new opportunities and celebrating its successes. The India edition of this year's event was particularly notable, as Mohan shared several remarkable milestones.
One of the most impressive achievements Mohan announced was the growth of YouTube Shorts, the platform's short-form video feature. In India, YouTube Shorts has surpassed the trillion-view mark—a significant milestone, especially considering that the feature was first introduced in India before being launched globally. This success demonstrates the immense popularity of short-form content in the country and highlights India's role as a key market for YouTube.
Mohan's address also spotlighted the impact of YouTube on Indian content creation and consumption. He noted that more than 11,000 Indian channels now have over a million subscribers, a 50% increase compared to the previous year. This statistic reflects the growing prominence of Indian creators on the platform, many of whom have gained international recognition. Mohan emphasized that YouTube is not just a platform for entertainment but also a vital tool for showcasing Indian culture to the world.
Following Mohan's speech, Shekar Khosla, VP of Marketing at Google, introduced new advertising formats tailored specifically for YouTube's CTV and Shorts offerings. These new formats, including Pause Ads and QR Codes for CTV, and Interactive Stickers and Interactive Gestures for Shorts, highlight YouTube's commitment to enhancing the user experience while providing innovative opportunities for advertisers.
The event also featured appearances by several popular influencers, such as Tanmay Bhatt, Shreemani Tripathi, and Slayy Point. These content creators shared their personal experiences on YouTube, offering valuable insights into their journeys and the platform's role in their success.
Additionally, the Brandcast event included contributions from prominent brand marketers who shared their success stories on YouTube. Among them were Chandan Mukherjee, Director and Executive Vice President of Strategy, Marketing, and Communication at Nestle India; Anna Ohlin, Country Marketing Manager at Ikea India; Vikrant Mudaliar, CMO of Dream11; and Girish Kalra, CMO of Tata AIA Life Insurance. Their testimonies underscored the effectiveness of YouTube as a marketing platform, reinforcing its value for brands seeking to engage with the vast and diverse Indian audience.
The YouTube Brandcast India event not only celebrated the platform's achievements but also highlighted its pivotal role in the evolving digital landscape of India.