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India’s Cinema Enters ₹1,000 Crore Budget Era with Varanasi and Ramayana

December 21, 2025

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The Indian film industry is witnessing a transformative shift in both box office benchmarks and production budgets. While a ₹100 crore gross was once considered a major milestone, films today are achieving ₹1,000 crore collections, redefining the definition of blockbusters. Similarly, production costs have surged, with star-driven pan-Indian projects now reportedly costing around ₹500 crore, and some ventures crossing the ₹1,000 crore threshold.

Two films exemplify this new era of cinematic ambition. SS Rajamouli’s Varanasi, starring Mahesh Babu, Priyanka Chopra, and Prithviraj Sukumaran, is reportedly being made on a staggering ₹1,300 crore budget, marking it as one of India’s most expensive productions ever. Meanwhile, Nitesh Tiwari’s Ramayana, produced by Namit Malhotra, is set to release in two parts with a combined budget of ₹4,000 crore, featuring Ranbir Kapoor and Sai Pallavi in lead roles.

These landmark projects highlight the industry’s growing focus on global audiences, expansive storytelling, and VFX-driven spectacles. Their commercial and creative performance will likely influence the scale and ambition of Indian cinema in the years to come. Ramayana is scheduled for Diwali 2026 and 2027, while Varanasi is set for March 2027.