With a growing middle class, a large English-speaking populace, a booming number of multiplexes and a cinema-obsessed popular culture, India is a natural destination for Hollywood studios, say US and Indian business leaders.

Pointing to the worldwide success of "Slumdog Millionaire" and the release of latest James Bond film, "Quantum of Solace," in India a full week before its American opening, they suggest a fostering of Hollywood-Bollywood connections.