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The ₹4,000 Crore Prayer: Inside the Most Expensive Gamble in Indian Cinema History—And the 42,000 Screens It Has to Fill to Break Even
MagazineMay 27, 2026

The ₹4,000 Crore Prayer: Inside the Most Expensive Gamble in Indian Cinema History—And the 42,000 Screens It Has to Fill to Break Even

Sometime in the next five months, the first images from a film set will be released to a public that has been waiting for them with a mixture of reverence, curiosity, and anxiety. The film is Nitesh Tiwari's Ramayana, and it is, by any financial measure, the most audacious bet in the history of Indian cinema. The two-part epic carries a production budget of approximately ₹4,000 crore—roughly $480 million—which makes it not just the most expensive Indian film ever made, but one of the most expensive films ever made anywhere on Earth. The first part is scheduled for Diwali 2026. The second will follow in 2027. And the question that now hangs over every conversation in every trade circle in Mumbai is not whether the film will be good. It is whether the economics of global cinema can support a bet this large.