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India Box Office Grows 10% in 2013

MUMBAI — India’s theatrical box office grew by 10% in 2013, with gross revenues hitting a cumulative $1.54 billion (INR93.4 billion).

Growth was propelled by the spread of multiplex cinemas — with their higher ticket prices — and by growing diversity of film content, consultancy group KPMG said in its annual report on the Indian entertainment sector presented Wednesday at the FICCI-Frames convention.

The report showed that domestic Indian theatrical B.O. was still by far the most important revenue component for the film industry. Theatrical accounted for 74.5% of total revenues.

Theatrical grew from $1.40 billion (INR85.5 billion) in 2012 to $1.54bn. Overall revenues grew 11.5% from $1.85 billion (INR112.4 billion) to $2.06 billion (INR125.3 billion).

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