'Bollywood Oscars' comes home with first ceremony in India

the Guardian | 9/16/2019 | Staff
Caris (Posted by) Level 3
The international Indian film academy awards – known as the Bollywood Oscars – are to be held in India for the first time in their history this week.

Mumbai will host the 20th IIFA awards ceremony on Wednesday, where the megastars of a booming Hindi film industry will celebrate another bumper year, including in huge markets such as China. The event has been held in countries around the world since it began in 2000, with previous host cities including London, Toronto and Singapore, and most recently Bangkok.

Titles - India - Film - Industry - World

With nearly 1,800 titles released in 2018, India has the biggest film industry in the world in terms of the number of movies made. The industry grew 12.2% last year, including not only Hindi-language movies but also titles in regional languages such as Tamil and Telugu, according to a report released in March by Ernst & Young (EY) and the Federation of Indian Chambers of Commerce & Industry (FICCI).

The huge south Asian diaspora in North America, Britain and the Gulf region has traditionally been the major overseas market. Blockbuster releases in parts of North America and Britain are huge events, with passionate fans often queueing for hours.

Films - Inroads - China - Comedy - Andhadhun

But Indian films have also been making huge inroads elsewhere – most notably in China, where the black comedy Andhadhun, nominated for best picture at the IIFA awards, grossed almost $50m (£40m) .

Aamir Khan, the star of the two top-grossing Indian films in China, has an ardent following there and is known by many as “Nan Shen”, or male god.

Film - Distributor - Akshaye - Rathi - Industry

The film distributor Akshaye Rathi said the industry had also seen growth in many European countries and in Canada, New Zealand and Singapore thanks to the south Asian communities there.

“Now it is just a matter of time before we focus on the wider populations in these countries,” Rathi added.

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(Excerpt) Read more at: the Guardian
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