Will Bollywood film industry bear massive loss of Rs 800 crores due to coronavirus?

Looking at the current pandemic of coronavirus that has taken over the world, the shooting of all the entertainment products have been suspended till March 31 as decided by Indian Film & Television Directors' Association (IFTDA), Producers Guild of India and Federation of Western Indian Cine Employees (FWICE) on Sunday. Life has come to a halt as various schools, colleges and theatres in many parts of the nation had been shut down. Sailing in the same boat, the Bollywood industry too has been affected as the already released films are bearing losses on the box office while the release, as well as shooting of the upcoming films, have been postponed.

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