Filmed entertainment

Films have remained the most popular form of entertainment in India, although television has been catching up during the past few years. The Indian film industry is the largest in the world in terms of number of films produced and number of admissions (more than three billion per year).



The ever-increasing Indian diaspora around the world (the U.S. alone is estimated to have more than 3.5 million residents of Indian descent) has significantly impacted the movie business in India. The increase in overseas box office revenues has encouraged the production of films with cross-over themes. Also, international movies are becoming increasingly popular in India. "The Incredibles," dubbed by India's superstar Shah Rukh Khan, is poised to be the biggest grosser for animated films in India.

The Indian film entertainment industry is projected to grow from the present size of Rs 8,400 crore to Rs 17,500 crore by 2011, implying a 16% cumulative annual growth over the next five years, according to FICCI PricewaterhouseCoopers' annual report. Indians love to watch movies. Advancements in technology are helping the Indian film industry in all the spheres-film production, film exhibition and marketing. The industry is getting increasingly corporatized.

The film industry is overwhelmed by the growth of multiplexes, which has not only changed the entire entertainment experience for consumers but has also impacted the movie-making business.

With more than 100 digital cinemas in the country today, it is believed that digital projection will significantly lower the cost of distributing films to theatres, which in turn will boost box office revenues. Digital filmmaking has also been tried with "The Rising" -- claimed to be India's first complete digital film.

Satellite television and the emerging home video segment are the other distribution formats expected to help expand the Indian film market
The major segments of filmed entertainment are as follows:
Animated Movies
English Movies
Hindi &Regional Films
Dubbed films

India's entertainment industry is set for massive growth,  attracting the interest of US and other overseas investors