INDIAN FLIM INDUSTRY AT A GLANCE IN 2017 - 2018 Industry Performance for 2017
The Indian film industry segment grew 27% in 2017 on the back of box office growth - both domestic and international - coupled with increased revenues from sale of satellite and digital rights. The film segment reached INR156 billion in 2017. The top 50 films contributed approximately 97.75% of the total net box office collection. Box office collections of the top 50 films grew by 11.60% in 2017.
Market Share of segments
The Hindi films comprise the majority component of the Indian film segment. They contribute almost 40% of the net domestic box office collections annually, despite comprising only 17% of the films made. Films in 29 other Indian languages account for approximately 75% of the films released but they contribute approximately 50% to the annual domestic box office collections. Hollywood and international films comprise the balance.
Industry Forecast
The value-added products (VADP) of the Indian dairy industry is at 34 per cent and is likely to grow in the near future thanks to the growing consumerism across the country.India has a potential of 15-30 per cent plus growth in VADP over next few years.The Indian film industry is expected to grow at 11.5% year-on-year, reaching total gross realisation of Rs 23,800 crore ($3.7 billion) by 2020, according to a report by industry sources. At present, the film industry grosses a total revenue of Rs 13,800 crore ($2.1 billion), and it has grown at a CAGR (compound annual growth rate) of over 10% in the last couple of years.