I think pretty soon Bollywood is going to realise the potential of westernized movies.
I mean, sure they make billions catering to the Indian market, but Indian, American, African or Eskimo - a businessman is a businessman. And if they think for a second they could have Indian production companies knock out movies at Indian rates and sell them to the US and Commonwealth markets, it'll be all of a month before we're flooded with with new-wave Bollywood movies.
And they'll be filling the niche that currently sits between Hollywood and Bollywood. Americans won't buy Bollywood because it's all in Punjab, and Indians won't buy dubbed Hollywood because it's too shallow. But if Bollywood starts knocking out movies in English that are less 'Disney-musical'.....