Karnad, a towering, multi-faceted creative personality in the field of theatre, literature, acting and academics, was speaking at a lecture on 'Colonialism and Culture' at the D.D. Kosambi lecture series, organised by the government of Goa in Panaji.
'I have never seen anything worse than 'Slumdog Millionaire', ' Karnad said during a question-answer session which followed his lecture.
He also said the movie had completely failed in India. India's hunger for Oscars showed 'our own inferiority complex', he added.
'I don't know why we are obsessed with the Oscars or the Grammy (Grammy awards), ' Karnad said, adding that the Indian film industry was perfectly healthy in every sense of the word.
Released in 2008, Danny Boyle's 'Slumdog Millionaire' swept the 81st Academy Awards by winning eight Oscars. Out of the eight awards, three were won by Indian artistes - Resul Pookutty, A.R. Rehman and Gulzar.