India, May 1 -- YouTube CEO Neal Mohan, at the inaugural World Audio Visual and Entertainment Summit (WAVES) in Mumbai, revealed major facts and figures about the Indian creator economy.

Neal mentioned that YouTubers in India uploaded a significant amount of content, with over 100 million channels uploading in the past year alone. Among these, 15,000 creators surpassed the milestone of accumulating a whopping one million subscribers. In doing so, YouTube paid out over Rs.21,000 crore to Indian creators, artists, and media companies over the last three years.

Neal Mohan also commented on plans to further invest in the Indian creator economy, announcing a commitment of Rs.850 crore over the next two years. This investment will be specific...