The year 2023 was a groundbreaking one for Indian cinema, with the box office grossing a whopping Rs. 12,226cr, as reported by Ormax. Here's a detailed look.
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Hindi cinema supremacy!
Hindi cinema alone raked in Rs. 5,380cr, crossing the Rs. 5,000cr threshold for the first time. While Tamil and Telugu films held steady, Hollywood and Kannada cinema experienced a decline.
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Shah Rukh Khan dominated revenue
The top 10 films accounted for a massive 40% of the revenue.Out of these, three films ('Pathaan,' 'Jawan,' and 'Dunki') featured SRK. Their combined gross collections reached Rs. 1,622cr.
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Contributions made bytop films
Over 1,000 films were released in 2023, and five films ('Pathaan,' 'Jawan,' 'Animal,' 'Gadar 2,' and 'Salaar: Part 1 - Ceasefire') crossed the gross box office of Rs. 500cr.
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Regional cinema growth
Last year, Tamil and Telugu cinema witnessed growth of 14% and 6%.
Punjabi cinema also experienced a revival in 2023, boasting a humungous 60% growth in box office collections over 2022.