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How big is Bollywood in world film industry?
Significance of Bollywood film industry in India
Angelo
Bollywood is the mainstream of Indian Cinema that produces Hindi Movies at Mumbai. Indian Cinema including Bollywood is the largest national film industry in terms of number of films produced and the number of tickets sold. It has 3.5 billion tickets sold annually worldwide and it produces 1,986 feature films annually. If the Box Office business is to be considered, Bollywood yields the maximum revenue in the entire world film industry.
At present, the Bollywood film industry grosses a total revenue of 13,800 crore and it grows at a Compound Annual Growth Rate of 10%. This film industry was started by Shri DadaSaheb Phalke, in the year 1913. He is also known as Father of Indian Film Industry. About 248,600 people work in this film industry and this data is from the year 2013 to 2017. Currently the number of people working in this industry has definitely increased.