The Times of India reports “The Hindi film industry is said to make Rs 5,500 crore a year, of which 27% is lost to piracy.”

Based on these figures, Havocscope is currently listing the movie piracy impact to India at $378 Million.

Calculations:

5,500 crore = 55 Billion Rupees

55 Billion Rupees = $1.4 Billion Dollars (based on 11/16 2007 exchange rate)

$1.4 Billion x 27% = 378 Million

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