The Indian film industry has been struggling to add to its collections, with Bollywood particularly lagging. After a weak 2016, 2017 turned out to be worse: collections for the Hindi film industry fell to Rs 3,300 this year compared to Rs 3,700 crore last.
Performance of Bollywood films have been in the same trajectory in the last two years. A total of 225 movies were released in 2016 and the top 50 movies contributed around 96 percent of the overall net box office collection.
Earnings from top 50 movies have been on a decline since 2014, indicating that the domestic theatricals’ revenue from Bollywood movies hasn’t grown over the last three years.