The gross box office realizations of Indian film industry are expected to reach US USD3.7 billion by 2020, according to Deloitte Indywood Indian Film Industry Report. As per December 2015, the gross box office realization was US USD2.1 billion.
"The Indian film industry is the largest in the world in terms of number of films produced with around 1,500 to 2,000 films produced every year in more than 20 languages. In terms of revenue, the industry has gross box office realizations of USD2.1 billion which is expected to grow at 11 percent CAGR reaching US USD3.7 billion by 2020," the report said. The report was released on Sunday at an event in Hyderabad's Ramoji Film City. – Deloitte