The Indian box office took in $1.37 billion in 2024, which is a 3% decline from the record $1.41 billion generated in 2023, according to Ormax Media figures.
Despite the decline, 2024 remains the second highest grossing year in the history of Indian cinema. This year’s collections were led by Telugu language blockbusters ‘Pushpa 2: The Rule’ and ‘Kalki 2898 AD’, cementing the dominance of South Indian films on the national stage.
Sukumar’s ‘Pushpa 2: The Rule’ emerged as the highest-grossing film of the year, earning $162.9 million across all language releases, with its Hindi dubbed release alone contributing $103.2 million. Director Nag Ashwin’s film “Kalki 2898 AD”, a science fiction epic, achieved revenues of $90 million. The numbers reflect the film’s total grosses in India for 2024 only and not global collections.
Hindi-language cinema had a challenging year, contributing only 40% of the box office total of $543 million, down from a 44% share in 2023. Notably, 31% of Hindi-language revenues came from dubbed releases of South Indian films. Revenues from original Hindi-language films fell by a steep 37%.
In contrast, South Indian cinema collectively captured 45% of the market. It topped Telugu-language cinema with a 20% share, earning $272.6 million, including hits like “Devara – Part 1” ($40.2 million). Followed by Tamil-language cinema, with a share of 15%, with a value of $212.4 million. Malayalam-language cinema saw the most dramatic growth, doubling its share from 5% in 2023 to 10% in 2024, with a total of $135.2 million, driven by films like “Manjummel Boys” ($18.2 million) and “Aavesham” ($11.7 million). ). Kannada-language cinema contributed a modest 3%, earning $35.3 million.
Hollywood’s share fell to 8% from 9% in 2023, as its revenues fell by 17% to $109.2 million, topped by franchise films such as “Mufasa: The Lion King” ($20.7 million) and “Deadpool & Wolverine” ($18.6 million). ) list. Smaller industries such as Punjabi (2%) and Gujarati (1%) showed limited growth, with Gujarati cinema growing by 66% thanks to hits such as ‘Jamkudi’.
Indian cinemas recorded 883 million visits in 2024, down 6% from 943 million in 2023. However, the average ticket price rose modestly by 3%, rising from $1.50 to $1.55, which helped offset the decline. Partially in attendance.
Top 10 Indian movies of 2024
| Rank | film | Total Collection (in USD) |
|---|---|---|
| 1 | “Pushpa 2: Al Qaeda.” | $162.9 million |
| 2 | “Kalki 2898 AD” | 90 million dollars |
| 3 | “Street 2” | 81 million dollars |
| 4 | Devara – Part One | $40.2 million |
| 5 | “Bhool Bahlia 3” | $36.1 million |
| 6 | “The greatest of all time” | $35.4 million |
| 7 | “Singam again” | $34.5 million |
| 8 | “warning” | 30 million dollars |
| 9 | “fighter” | $28.2 million |
| 10 | “Hanu Man” | $27.8 million |