Film Industry plays an important role in Indian Economy. The Indian film industry is the largest in the world, with more than 1,000 films produced every year in more than 20 languages. The Indian film industry is projected to grow from US$3.2 billion in 2010 to US$5 billion by 2014 at a CAGR of 14.1%. Growth is expected to come from the expansion of multiplexes in smaller cities, investments by foreign studios in domestic and regional productions, the growing popularity of niche movies and the emergence of digital and ancillary revenue streams. With 3.3 billion tickets sold annually, India also has the highest number of theater admissions. The Indian film market derives almost 90% of its revenue from non-English language movies, largely dominated by Hindi films, followed by South Indian films and other regional films. Latest key indicators of Indian Economy: Indian GDP Amount: (US$b) 1,540 GDP grow...
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