The movie, released Friday, in 2D and 3D format opened in the country in four languages - English, Hindi, Tamil and Telugu.
The film, touted as a visual masterpiece, released alongside the much-awaited, last instalment of "The Twilight Saga: Breaking Dawn - Part 2".
"Life Of Pi" narrates the tale of a boy who is adrift at sea in a lifeboat with a Royal Bengal tiger after his family is drowned in a shipwreck. It features Indian talent, including debutant Suraj Sharma, and critically-acclaimed actors Tabu and Irrfan.
The movie was captured in the hillside town of Munnar along with the elegance of Pondicherry - all on 3D.
"Life Of Pi" is based on Yann Martel's novel of the same book.