"It is a fantastic opportunity to get to see great films from across the world, but people should not have the impression that Indian films become global if it is screened at some foreign film festivals," added Basu.

He said Thai and Korean film industries have gone global as their films are widely viewed across the globe.

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"Thai and Korean films were quick to make a global impact despite the fact that they are much younger to Indian film industry," said Basu.

When asked about his forthcoming film "Kites" starring Hrithik Roshan, he said: "The film is complete and I am waiting for the prints."