FILTER

Topic / Industry

Region

Content Type

Topic / Industry

Region

Content Type

Asia Century: Significant Investment to Indian Filmmaking Industry Announced

May 3rd, 2017

The Mahabharata, one of the major Sanskrit epics in India, is expected to hit the film screens by 2020. The film will be run by the advertising filmmaker V A Shrikumar Menon and will become the most expensive movie in India. A UAE-based Indian businessman has pledged to invest USD150 million to produce the movie.

This opinion is part of a global briefing Key Future Trends on Passport Industrial: Asia Century: Business and Recreational Services Shift East published on Passport Industrial.

India's filmmaking industry grows by 9% on average each year. by 2020, investment to the Mahabharata moview is expected to reach USD 150 million. the movie will be the most expensive motion picture made in India. Film demand increase will be caused by growing middle class in India.

With India boasting the second largest middle class population in Asia (behind China), its filmmaking industry is well placed for future growth. The Indian Filmmaking industry— the largest producer of films globally, is expected to grow on average by 9% per annum over 2017-2020. Due to the continued enlargement of its middle class, improving standards of living, as well as a range of other economic and social developments, India’s film industry is expected to become more profitable in the years to come.

blank

Raminta Velickaite

Raminta Velickaite is the Data Analyst at Euromonitor International. She has a bachelor’s degree in Econometrics and master's degree in Economics from Vilnius University. Raminta started working in Euromonitor International in 2015 as an Data Analyst in Passport Industrial team where she is engaged in research and data analysis. You can find her on LinkedIn.

SUBSCRIBE ME

REQUEST A DEMONSTRATION

Request a complimentary demonstration of our award-winning market research today.

© 2017 Euromonitor is privately owned & trademarked.