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Ramayana’s ₹4,000 Crore Budget Sets New Record in Indian Cinema

Producer Namit Malhotra confirmed on a podcast that the two-part epic is entirely self-funded at about $500 million, underscoring its international ambitions

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Sanjay Gupta takes a jibe at Ramayana makers | Image: Republic
Starring Ranbir Kapoor and Sai Pallavi, this two-part epic, directed by Nitesh Tiwari, features a groundbreaking score from A.R. Rahman and Hans Zimmer.
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Overview

  • Namit Malhotra revealed the combined cost of Ramayana Parts One and Two exceeds Rs 4,000 crore, upgrading earlier estimates of around Rs 1,600 crore
  • The project is self-financed by Prime Focus Studios with no external investors, highlighting Malhotra’s personal stake
  • Under director Nitesh Tiwari, the film stars Ranbir Kapoor as Lord Ram, Sai Pallavi as Sita, Sunny Deol as Hanuman and Yash as Ravana
  • Production employs Oscar-winning VFX studio DNEG, IMAX cinematography, AI-powered dubbing and a score by Hans Zimmer and A.R. Rahman
  • Part One is scheduled for Diwali 2026 and Part Two for Diwali 2027 as global distribution negotiations are underway