Indian film industry to earn ₹24.6k cr by 2020: Report
The Indian film industry's gross box office collection is likely to reach ₹24,684 crore approximately ($3.7 billion) in 2020, as per a report by Deloitte Touche Tohmatsu India LLP. The revenue is expected to grow at 11% CAGR from the industry's current $2.1 billion earnings. The Indian film industry is the world's largest with 1,500 to 2,000 films produced annually.