Devdas is a 2002 film and the latest in a long line of films based off of the Sharat Chandra Chattopadhyay novel Devdas. This most recent film version of the story was the Bollywood (Hindi) version. It was directed by Sanjay Leela Bhansali. Shahrukh Khan played Devdas in this adaptation (based on the 11th version of the novel). His co-stars included Aishwarya Rai (Paro) and Madhuri Dixit (Chandramukhi). It was one of the most expensive Bollywood movies ever made; it had a lavish budget of RS 500,000,000. The film was made to the highest industry standards, and no costs were spared for sets or costumes. It is one of the most elaborate stories in Bollywood history. The story is of great love and tragedy. Devdas features the song Dola Re Dola with a spew of red tints and shades. It was said that the jewelry and saris weighed the actors down so much that they needed to reorder with clothing and accessories of less weight. Recreated to a newer version, Devdas is a true masterpiece come to life on the Bollywood cinema.

Devdas returns from London where he has studied law. Devdas' and Paro's families are neighbours and it would seem that there should be no barrier to their marriage. However, Devdas' sister-in-law maliciously reminds his mother that Paro's mother was a dancer before marriage, which leads to insults and a neighborly feud.

The movie was one the biggest box-office grossers of the decade. Aishwarya Rai's performance as the sensitive yet haughty Paro, and Madhuri Dixit's as the dancer Chandramukhi were highly appreciated. Shahrukh Khan's performance as the sensitive yet rebellious alcoholic Devdas is often considered one of his best performances yet, and he has in fact won a filmfare award for the movie.