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