Telugu films with Rs 2,000 cr production value stuck due to lockdown

Coronavirus has come as a blockbuster blow for the Telugu film industry, the second biggest in India after Bollywood, as films valued Rs 2,000 crore either ready to be released or in production have been stuck for over a month.

With no chances of an early end to the crisis, the industry is not only staring at massive losses but also fear loss of over 70,000 jobs in production, distribution and exhibition departments.

Like many other industries and every film industry in the world, the coronavirus outbreak and the resultant lockdown brought everything to a standstill in Tollywood, as the Telugu film industry is popularly referred to.

According to well-known producer Daggubati Suresh, 15 films which were ready for release and another 70 films which were under various stages of production are stuck.

Read More: https://www.bhaskarlive.in/telugu-films-with-rs-2000-cr-production-value-stuck-due-to-lockdown/