The Hindi film industry, popularly known as Bollywood, is one of the largest film production centres in the world. Indian Films have been screened in markets around the world since the early 20th century. Beginning with the 1940s, Bollywood films saw major commercial success, and several box office milestones were breached. The Success of a film was determined by box office longevity than revenue. However, due to increasing competition from television and the threat of piracy, longevity of films decreased drastically and revenue became the focus of success.
'We have compiled a list of top 14 films which have been the highest grossing Indian films -inflation adjusted.'
In 2003, there were markets in over 90 countries where Indian films were screened. During the decade of 21st century, there was a steady rise in the ticket price, a tripling in the number of theatres, an increase in the number of prints of a film being released which led to a large increase in the box office collections. The revenue-earning pattern has become increasingly front-loaded over the years, and now most films depend only on first weekend/first week revenue to decide the fate of a film. This trend was further intensified after the multiplex boom in India following liberalisation, which caused ticket prices and theatrical screening scope to increase.
Below is a set of lists which tracks the record of highest-grossing films in India (Inflation adjusted):
Mughal-e-Azam (Rs. 2000 Crores)
Mughal-e-Azam is a 1960 Indian iconic historical drama film directed by K. Asif and produced by Shapoorji Pallonji. Mughal-e-Azam was released on 5 August 1960 in 150 cinemas across the country, establishing a record for the widest release for a Bollywood film. It broke box office records in India and became the highest-grossing Bollywood film of all time, a distinction it held for 15 years. By some accounts, Mughal-e-Azam was the highest-grossing Bollywood film of all time, the film’s adjusted gross would have amounted to Rs. 2000 crore (US$ 310 million), ranking it as “All-Time Blockbuster”.
Sholay (Rs. 1,500 Crores)
Bollywood library is incomplete without Sholay. Ramesh Sippy's Sholay which is a 1975 Indian action-adventure film, written by Salim-Javed, produced by G.P. Sippy may have drawn extensively from the American Western tradition, but with the film's phenomenal success, Jai, Veeru, Basanti, Thakur and Gabbar became iconic Bollywood characters that would inspire countless heroes, heroines and villains. It is often sited that after adjusting the figures for inflation i.e. Rs. 1,500 crores (US$ 230 million), Sholay is one of the Highest-Grossing films in the history of Indian Cinema.
Baahubali 2: The Conclusion (Rs. 1,417 Crores)