NEW DELHI: Indian movies are gaining popularity in the overseas market and are expected to fetch Rs 8.5 billion ($213 million, euro156 million) this year, an Indian minister said on Wednesday.
The market is growing by 18 percent annually, mainly because of the growing Indian diaspora around the world, Information and Broadcasting Minister Priya Ranjan Dasmunsi said in a statement in India's Parliament.
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Wednesday, August 29, 2007
Bollywood to fetch $213 mn in overseas market
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