- Hi Sir in FY22 and FY23 their revenue from international is 40% (This is significant) and as mentioned we can see them opening new offices outside india. They plant to take it to 50%
- Yes VFX is there from a long time in india but in the last 3 to 4 years it has accelerated. The share of VFX in indian movies is 10% to the total budget when compared to 20% to 25% in Hollywood. (as per concall) if you see the last 4 to 5 big south movies (RRR,KGF,BAHUBALI, PUSHPA) big money has been spent on VFX (Like the tiger scene in RRR was so real) this was not the case 10 years back.
Movies like brahmastra got the recognition because of VFX and movies like adipurush are being made fun of because of VFX. VFX has now become a very important part in the last 3 to 4 years.
Hence we can see industry leader DNEG guiding for 25% growth and the industry is growing at double digit globally.
No, will look into it
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