The trailer for "Ramayana Part One" has been released, marking the debut of a two-part cinematic adaptation of the ancient Indian epic.

The project represents a significant escalation in the scale of Indian cinema. By attempting to set a new benchmark for production costs, the film seeks to establish the most expensive cinematic adaptation of the Ramayana to date.

Director Nitesh Tiwari and producer Namit Malhotra have overseen the development of the project, which stars Ranbir Kapoor in the lead role. Reports indicate that the combined budget for the two-part film is approximately ₹4,000 crore [1], [2]. This investment makes it the most expensive movie produced in India to date [1], [2].

The production aims to leverage this unprecedented budget to create a visual spectacle that reflects the scale of the original epic. The high cost reflects the ambitious scope of the two-part structure, which is designed to cover the expansive narrative of the Ramayana across two distinct theatrical entries.

According to production schedules, the film is slated for a theatrical release during Diwali 2026 [1], [2]. The timing aligns the movie's premiere with one of India's most significant cultural and religious holidays, maximizing potential viewership for the high-budget venture.

Industry observers said that the project is positioning itself to compete with the largest global blockbusters. The scale of the investment suggests a strategy to push Indian visual effects and production design into a new tier of international competitiveness.

Combined budget of about ₹4,000 crore

The ₹4,000 crore budget signals a shift in the Indian film industry toward 'mega-budget' spectacles that rival Hollywood's top-tier productions in spending. By tying the release to Diwali 2026, the producers are leveraging a peak cultural window to mitigate the financial risk associated with such a massive investment, attempting to turn a cultural epic into a global commercial benchmark.