Hi Folks,
Today being Independence Day, something to keep in mind about our rich movie tradition in India.
India produced first full length film in 1913 two years before the DW
Griffith’s ‘Birth of a nation”
By the introduction of sound in 1931, India was already producing 200 hundred films per year, more than major Hollywood Studios produce
today.
India has produced over 30,000 films in 52 languages and dialects as an example in 2001, it produced 1,013 films, up 18% from 855 films in 2000.This growth rate continues today. Thesize
of the segment in 2007, in terms of costs, is estimated at about US$ 900 MILLION, which represents a growth of 16% over the size in 2006;
Interms of revenues, the size of the segment in 2007 is estimated at about US$ 3 Billion .
India films sell 6 billion tickets worldwide and gross US$ 300 million internationally.
Indian films have also been instrumental in swift development of the television segment, which has grown rapidly over the last decade and
has expanded its reach to 200 million homes, including 168 million cable
and satellite homes in 2007 . There are over 125 TV channels. The size of
the segment in 2007, in terms of total revenues, is estimated at about
US$ 4 Billion.
In 2003 India reached 100 Million TV households mark, then surpassing the US in number .
Indian film industry provided excellent business opportunities.
Sincerely,
Vivek "happy independence day " Kumar
