The update
According to TeluguCinema Desk, SS Rajamouli's upcoming film "Varanasi" is being produced on a massive scale with a record budget for an Indian project. The time-travel fantasy drama combines adventure-thriller elements with aspects of the Ramayana and is the director's first feature specifically aimed at a global audience.
The production team initially anticipated generating a minimum of Rs 500 crore exclusively from streaming agreements. Although an agreement has not yet been completed, the producers have engaged in advanced discussions with Netflix following talks with multiple platforms.
Context & analysis
According to insiders, ongoing internal restructuring at Netflix—which includes significant layoffs and senior-level departures—could potentially postpone the finalization of the streaming agreement. While these corporate shifts may not directly impact acquisitions of Indian films, sources indicate a delay is expected.
Principal photography for the project is still underway, although lead actor Mahesh Babu has completed his scheduled parts while Rajamouli films the remaining scenes. The cast features Mahesh Babu, Priyanka Chopra as the female lead, and Prithviraj Sukumaran as the antagonist, with a scheduled release in April 2027.
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