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India Box Office Down 3% In 2024; South Indian Films Remain Steady While Bollywood Declines
South Indian films, headed by Pushpa 2 and Kalki, topped India’s 2024 box office, while Bollywood receipts decreased by 13%, according to Ormax Media.
However, total box office for Hindi films decreased by 13% from $625.3M (Rs53.8BN) in 2023 – a year topped by Shah Rukh Khan hits Jawan and Pathaan – to $543.9M (Rs46.8BN) in 2024. Mufasa: The Lion King was the highest-grossing Hollywood film of the year, grossing $20.7M and ranking at number 11 in the overall year-end chart. Malayalam cinema had a strong year, doubling its market share from 5% in 2023 to 10% in 2024, and surpassing the Rs10BN ($116M) mark for the first time.
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