According to data from Ormax Media, the Indian box office made $1.37 billion in 2024, a 3% decrease from the record-breaking $1.41 billion made in 2023.
Notwithstanding the decline, 2024 continues to rank as the second-highest-grossing year in Indian film history. The Telugu-language blockbusters “Pushpa 2: The Rule” and “Kalki 2898 AD,” which dominated the year’s box office, solidified South Indian cinema’s supremacy in the country.
With $162.9 million in total revenue from all language versions, Sukumar’s “Pushpa 2: The Rule” became the highest-grossing movie of the year. The Hindi-dubbed version alone brought in $103.2 million. The sci-fi epic “Kalki 2898 AD,” directed by Nag Ashwin, came in second with $90 million. The figures only represent the movie’ 2024 Indian box office receipts; they do not represent its global totals.
Hindi-language films had a difficult year, accounting for only 40% of the overall box office ($543 million), compared to 44% in 2023. Notably, dubbed versions of South Indian films accounted for 31% of Hindi’s total earnings. Original Hindi-language film revenues fell by a sharp 37%.
On the other hand, a noteworthy 45% of the market was taken by South Indian film as a whole. Hits like “Devara – Part 1” ($40.2 million) contributed to the 20% share of Telugu-language filmmaking, which brought in $272.6 million. Next in line, with 15% of $212.4 million, was Tamil-language film. The most significant increase was in Malayalam-language film, which doubled its market share from 5% in 2023 to 10% in 2024, earning $135.2 million thanks to hits like “Aavesham” ($11.7 million) and “Manjummel Boys” ($18.2 million). With a meager 3% contribution, Kannada-language film brought in $35.3 million.
Hollywood’s share fell from 9% in 2023 to 8% as its earnings fell 17% to $109.2 million, with franchise pictures like “Deadpool & Wolverine” ($18.6 million) and “Mufasa: The Lion King” ($20.7 million) at the top of the box office. While Gujarati film grew by 66% thanks to hits like “Jhamkudi,” smaller industries like Punjabi (2%) and Gujarati (1%) exhibited little growth.
In 2024, 883 million people visited Indian movie theaters, a 6% decrease from the 943 million that were shown in 2023. Nonetheless, the average ticket price increased slightly by 3%, from $1.50 to $1.55, which helped to somewhat counteract the attendance drop.Indian Box Office Drops 3% to $1.37 Billion in 2024, With “Pushpa 2” and “Kalki 2898 AD” Leading
