Tollywood (టాలీవుడ్) refers to the Telugu Film industry. It is the second largest movie industry in India. Tollywood refers for the state of Andra pradesh. the main language is Telugu.
Currently, about 240 Telugu movies are released every year with approximately 3 releases every week. As like with any other film industry telugu movie industry produces all kinds of movies. However an average number of good movies continue to be released every year.
The Telugu film industry accounts for 1% of the gross domestic product of Andhra Pradesh.
The budgets for Telugu movies typically range between 7-15 crores per film. Pre-lease revenues for popular films can range between 12-20 crores per film and post-release business for these movies can be around 25-40 crores depending on the success of the movie. Popular actors like Megastar Chiranjeevi, Balakrishna, Akkineni Nagarjuna, Venkatesh, Mahesh Babu, Pawan Kalyan, and Jr.NTR are some of the highest paid actors in Tollywood