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Netflix needs a high bandwidth connection, which are costly in India, if the internet prices come down or they offer some special connections only for netflix at a reasonable rate then yes it would succeed and I will definitely take one.
No I think most of the metro cities now a days have good high bandwidth broadband connections at a far lesser price compared to couple of years back. I am using a 25-30 mbps connection for Rs.1120/- including tax (unlimited usage ) and the average download speed comes around 11-14 mbps most of the times and peaks to 20+ in the late nights. We have multiple options at least in Bangalore for 25 to 40 mbps connections at reasonable prices.
Which ISP is that??? I'm on 16mbps Airtel connection for which I'm paying an arm and a leg...