Bollywood size estimated to Grow 11% Annually: Report

Bollywood size estimated to Grow 11percent Annually Report pardesi news 1459247788

The Hindi-language part of the Indian film industry, Bollywood is forecasted to grow at 11% annually, says a report.

According to a new report, “Digitization & Mobility: Next Frontier of Growth for M&E,” by Deloitte and The Associated Chambers of Commerce and Industry of India (ASSOCHAM),  Bollywood, is estimated to grow by 11% every year until the 2017 financial year.

The size of the Bollywood business could increase to $2.89 billion (INR193 billion), up from its current level of $2.32 billion (INR155 billion), as indicated by the report. The researchers predict that theatrical revenue in India will increase from $1.78 billion (INR115 billion) currently to $2.13 billion (INR142 billion) by FY2017.

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Patrick Callahan

Pardesi News Reporter

Pardesi News Reporter

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