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September 18, 2019

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Action! It鈥檚 the Bollywood Oscars

Mumbai hosts the 鈥淏ollywood Oscars鈥 for the first time in India in 20 years this week with the megastars, movers and shakers of a booming Hindi film industry celebrating another bumper year, including in huge markets like China.

With nearly 1,800 titles released in 2018, the South Asian country is the biggest film industry in the world in terms of movies made.

Its flicks are wowing viewers from Australia to Afghanistan to Africa.

The industry grew 12.2 percent in 2018, which included not only Hindi-language 鈥 Bollywood 鈥 movies, but also titles in regional languages like Tamil and Telugu, according to a report released in March by Ernst & Young and the Federation of Indian Chambers of Commerce & Industry.

The huge South Asian diaspora in North America, Britain and the Gulf region has traditionally been the major overseas market.

Bollywood blockbuster releases in parts of North America and Britain are huge events.

Passionate fans often queue for hours just to catch a glimpse of stars like heartthrob Shah Rukh Khan.

But Indian films have also been making huge inroads elsewhere 鈥 most notably in the massive Chinese market.

The black comedy 鈥淎ndhadhun,鈥 for example, nominated for best picture at the glitzy Indian International Film Academy Awards today, was a huge hit with Chinese viewers, grossing almost US$50 million.

Aamir Khan, the star of the two top-grossing Indian films in China, has a crazed following there and is known by many as 鈥渘an shen鈥 (鈥渕ale god鈥).

Film distributor Akshaye Rathi said that the industry has also seen 鈥済reat growth鈥 in many European countries and in Canada, New Zealand and Singapore thanks to the large South Asian diaspora there.


 

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