India investing more money into production of movies in last few years under PM Modi, said Legendary Hollywood actor and film producer Michael Douglas

Legendary Hollywood actor and film producer Michael Douglas has said that India is investing more money into production of movies in the last few years under Prime Minister Narendra Modi and Union Minister for Information & Broadcasting Anurag Singh Thakur. He said that this is the best time for Indian cinema industry, and the representation of more than 78 foreign countries in IFFI 54 is the reflection of its strength.

The veteran American actor was interacting with media persons at the International Film Festival of India (IFFI) in Goa today. Michael Douglas said, Indian films are renowned all around the world and are travelling more and more to various corners of the world. Streaming platforms are playing an important part in this growth, he added. Michael Douglas will be bestowed with the prestigious Satyajit Ray Lifetime Achievement Award at the closing ceremony of IFFI tomorrow.

Sharing his joy on being honoured with the award, Douglas said that it is a tremendous honour to receive this prestigious award. In a recollection of his college days, he candidly shared that he had studied the works of Satyajit Ray like Pather Panchali and Charulata in his film course and getting an award named after him is special. Praising Indian film RRR’s success in Oscars, Michael Douglas said that it is a spectacular achievement for India and it will boost confidence and encourage industry to craft many more such big films.