I'm so ecstatic regarding this, besides the obvious hoping for them to bring all their US content why I love this is they might start reaching out to promising Indian writers with actual good content who get ignored by mainstream channels for not being dramatic enough to cater to the housewives.
We might finally see some good stuff coming out from our country coz our channels are an absolute shit show at the moment. Also the competition could drive other existing channels to make something other than OTT saas-bahu shit.