As many as half of the Indian film industry is in the black arts category, which is said to be one of the most challenging industries in India, according to a new study.
The study, by the Indian Council of Film Students (ICFS), surveyed film students and found that around a quarter of the student body at colleges and universities in the country is studying film and is working in the industry.
The report, conducted by the ICFS and the Centre for Advanced Studies, is the first in the Indian cinema industry to focus on the industry and its impact on students and the society.
The report also revealed that in the past three years, the film industry in India has experienced a drastic fall in revenue.
According to the study, the industry suffered a loss of about Rs 2,400 crore ($2.2 billion) in 2015-16.
The ICFS study said that while it is difficult to pinpoint the exact cause for the fall in film industry revenue, it may have been related to a number of factors.
Among them, the Indian government’s decision to introduce a film quota for students in the 2020-21 academic year.
In addition, there has been a decline in the number of students from poor families, and the decline in students studying for a degree or certificate.
It is believed that the fall of the film business may have contributed to this.
The study found that the overall economic impact of the black art industry is estimated to be Rs 11,300 crore ($16.6 billion).
The study estimates that about 30% of this revenue is spent on marketing, distribution, and promotion of the industry, and about 5% is spent in the production of films and video games.
About 3% of the total industry revenue is generated from local advertising.
According to the ICFS study, about 40% of Indian films are produced by non-Indian directors and actors.
In fact, the percentage of Indian black arts films is much lower than the industry in other developed countries.
In 2016, for instance, India had 1,926 films and 2,965 shorts.