by Renu Singh & Meera Vohra.
According to a study conducted by the ASSOCHAM, Indian film shoots in foreign location have declined by 30-35% in the last four months. But Bollywood filmmakers are divided in their opinion on whether the weakening rupee can affect filmmaking.
Hindi films had bid adieu to the candy floss films shot in pretty as a picture locations abroad long ago, as scripts based in India gained popularity. Now, a study by the Associated Chamber of Commerce and Industry of India (ASSOCHAM) titled ‘Weak rupee dampens spirits of Bollywood filmmakers in foreign locations’, claims that movies are increasingly being shot in India because of the escalating costs of shooting in foreign destinations.
Read the rest of this article from Times of India.