Indian Box Office Witnesses 3% Drop in 2024; Hindi Films Lose Ground to South Cinema {update}

Indian Box Office Witnesses 3% Drop in 2024; Hindi Films Lose Ground to South Cinema
Indian Box Office Witnesses 3% Drop in 2024; Hindi Films Lose Ground to South Cinema

The Indian film industry faced a slight dip in 2024, with box office collections falling by 3% compared to 2023. While the numbers still stayed strong, 2024 grossed ₹11,833 crore, making it the second-highest-grossing year in Indian cinema history. It fell short of the ₹12,226 crore record set in 2023.

Mixed Fortunes for Hindi Films

Hindi films had a tough year, with their collections dropping significantly. According to the Ormax Media Box Office Report 2024, the Hindi film industry earned ₹4,679 crore last year, down from ₹5,380 crore in 2023. Its market share also took a hit, slipping from 44% to 40%.

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