Leon Dai’s Taiwanese film I Can’t Live Without You was awarded the coveted Golden Peacock award at the closing ceremony of the 40th International Film Festival of India (IFFI). Korean director Lee Chang-dong won a cash prize of Rs. 15 lakhs for directing the film A Brand New Life. The Silver Peacock award was presented to the Georgian-Kazakh drama, The Other Bank. This film was directed by George Ovashvili.

The jury was headed by Joao Batista de Andrade, veteran director from Brazil. Other jury members were Kenichi Okubu (Tokyo), Vic Sarin (Canada), Sarika (India) and Jean-Michel Frodon (France).