The Indian film industry is one of the largest in the world. It is known for its charisma, versatility, and worldwide appeal. It also enjoys the highest viewership in the world. The box office revenue for the Indian film industry in financial year 2020 was valued at about 139 billion Indian rupees. This figure was estimated to drop to only 30 billion the following year from the pandemic impact. However, estimates for fiscal year 2022 show recovery.
Diversity in the Indian film industry
India is a multi-lingual country. Consequently, films in India are made in several languages, thereby dividing Indian cinema into different sectors. Each sector is specific to its region and culture. In 2016, the Hindi film industry, also known as Bollywood, accounted for more than 40 percent of the total box office revenue for the year. Tamil and Telegu are the other two major sectors in cinemas in the country.
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KPMG. (September 30, 2020). Box office revenue for the Indian film industry from financial year 2010 to 2020, with estimates until 2022 (in billion Indian rupees) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/316810/india-box-office-revenue/
KPMG. "Box office revenue for the Indian film industry from financial year 2010 to 2020, with estimates until 2022 (in billion Indian rupees)." Chart. September 30, 2020. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/316810/india-box-office-revenue/
KPMG. (2020). Box office revenue for the Indian film industry from financial year 2010 to 2020, with estimates until 2022 (in billion Indian rupees). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/316810/india-box-office-revenue/
KPMG. "Box Office Revenue for The Indian Film Industry from Financial Year 2010 to 2020, with Estimates until 2022 (in Billion Indian Rupees)." Statista, Statista Inc., 30 Sep 2020, https://www.statista.com/statistics/316810/india-box-office-revenue/
KPMG, Box office revenue for the Indian film industry from financial year 2010 to 2020, with estimates until 2022 (in billion Indian rupees) Statista, https://www.statista.com/statistics/316810/india-box-office-revenue/ (last visited August 24, 2024)
Box office revenue for the Indian film industry from financial year 2010 to 2020, with estimates until 2022 (in billion Indian rupees) [Graph], KPMG, September 30, 2020. [Online]. Available: https://www.statista.com/statistics/316810/india-box-office-revenue/