Economic instabilities badly affected Indian film industry: Study

A study conducted by a media consulting firm has discovered that the economic instabilities have badly affected the Indian film industry, which was in the path of growth until a year before.

Those who done the research has used the information regarding the domestic net theatrical collections of the Bollywood film industry to justify their argument.

The researchers have found that the domestic net theatrical collection of the Bollywood film industry of the year 2017 was at least nine per cent less than what it was in the year 2016.

In the year 2016, the domestic net theatrical collection of the Mumbai-based industry was Rs 2780 crore Indian rupees.

Meanwhile, in the year 2017, the domestic net theatrical collection of the glamorous industry was Rs 2525 crore Indian rupees.

The figures indicate that the Indian people who were once the biggest supporters of films walk away from this sector slowly.

The study has also found that the Tamil film industry, just like the Hindi film industry, stands in the path of ‘de-growth’.

Meanwhile, there is something for joy. The Telugu film industry, which recently gifted some spectacular films including Bahubali, has been undergoing a tremendous growth; its domestic net theatrical collection has marked at least forty-seven per cent growth.

Vignesh. S. G

Photo Courtesy: Google/ images are subject to copyright