Jai Ho Bollywood- The Indian Film Industry
LET ME NOT TELL YOU what you already know…. that the first motion picture was made in 1897 by Harishchandra Sakharam Bhatvadekar (a short film on a wrestling match), that the first feature film was “Raja Harishchandra" made by Dadasaheb Phalke in 1913 (a silent movie), that the first talkie was "Alam Ara" produced by Imperial Film Company in 1931…. But in deference to the theme of this blog I want to focus on the film industry statistics….
Indian Wrist Watch market
50 million wristwatches are sold in India every year. Not withstanding the presence of global players and the opening up of the market, the Indian market has always been dominated by a single player. In the past, till the late 80’s, in the mechanical era, HMT dominated the market. And after that it has again been the domination of a single company, Titan. Today Titan has almost 65% market share of the organized watch market in the country. The organized watch market itself is estimated at 35% of the total industry size...........
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