"We have not left the things that our industry is known for - songs, music and a total entertainment film - and that's a good thing.
Other good thing is that technologically we have advanced in these 100 years. Today there is Shah Rukh's 'Ra One', so technologically we have advanced, so it is good, " the 44-year-old said here Tuesday at the launch of author Sanjay Chopra's book "Talespin".
"But the bad thing about it is that somewhere we have lost the spirit to make a film. Today it has become a business which is bad. So there has been good and bad in these 100 years, " he added.
Arshad, who was last seen in "Double Dhamaal" in 2011, currently has a lot of films in hand.
"From January next year, I will be doing 'Jo Bhi Karva Lo' which is a sweet, romantic comedy, after that I will do 'Dedh Ishqiya' then Raju's (Rajkumar Hirani) 'Peekay' and then there is 'Chambal Safari', " Arshad said.
"There are many more films, also listening to some more scripts. So the next year is very much busy for me, " he added.
Besides these, Arshad is also doing "Bhaiyyaji Superhit", "Total Dhamaal", "Jolly L.L.B." and "Golmaal 4".