The Indian field workplace grossed $1.37 billion in 2024, marking a 3% decline from the record-breaking $1.41 billion achieved in 2023, per numbers from Ormax Media.
Regardless of the dip, 2024 nonetheless stands because the second-highest-grossing 12 months within the historical past of Indian cinema. Main the 12 months’s collections had been the Telugu-language blockbusters “Pushpa 2: The Rule” and “Kalki 2898 AD,” cementing the dominance of South Indian movies on the nationwide stage.
Sukumar’s “Pushpa 2: The Rule” emerged because the highest-grossing movie of the 12 months, raking in $162.9 million throughout all language variations, with its Hindi-dubbed launch alone contributing $103.2 million. Nag Ashwin’s “Kalki 2898 AD,” a sci-fi epic, adopted with $90 million. The numbers mirror the movies’ 2024 India grosses solely and never worldwide collections.
Hindi-language cinema confronted a difficult 12 months, contributing simply 40% of the overall field workplace at $543 million), down from a 44% share in 2023. Notably, 31% of Hindi’s income got here from dubbed variations of South Indian movies. Revenues from unique Hindi-language movies dropped by a steep 37%.
In distinction, South Indian cinema collectively captured a major 45% of the market. Telugu-language cinema led with a 20% share, producing $272.6 million, together with hits like “Devara – Half 1” ($40.2 million). Tamil-language cinema adopted with 15% at $212.4 million. Malayalam-language cinema noticed essentially the most dramatic progress, doubling its share from 5% in 2023 to 10% in 2024, grossing $135.2 million, pushed by hits like “Manjummel Boys” ($18.2 million) and “Aavesham” ($11.7 million). Kannada-language cinema contributed a modest 3%, incomes $35.3 million.
Hollywood’s share dropped to eight% from 9% in 2023, as its revenues declined by 17%, amounting to $109.2 million with franchise movies like “Mufasa: The Lion King” ($20.7 million) and “Deadpool & Wolverine” ($18.6 million) topping the slate. Smaller industries like Punjabi (2%) and Gujarati (1%) confirmed restricted progress, with Gujarati cinema rising by 66% because of hits like “Jhamkudi.”
Indian cinemas recorded 883 million footfalls in 2024, down 6% from the 943 million in 2023. Nonetheless, the typical ticket worth rose modestly by 3%, rising from $1.50 to $1.55, serving to to partially offset the decline in attendance.
