The founder of Eros International, Shri Arjan Lulla, was honored with the Dadasaheb Phalke award for globalizing the Indian cinema. He was honored in a grand function that was held in Mumbai on May 4th. Arjan founded Eros in the year 1977, when he started the venture to export Indian films.

It was due to the efforts of Arjan Lulla that the Indian films have found a place in the world map. While UK office of Eros was set up in the year 1980s, the empire grew steadily with the company setting up an office in the US in 1997, South Africa in 2000, Dubai in 2001, Fiji in 2004, Australia in 2005. The year 2006 was yet another landmark for Eros International as it was listed in AIM and LSE.