Within the context of globalization, we explore the country-of-origin of brand or product placements in Bollywood films. Content analysis of films since economic liberalization (1991, 1996, 2001, 2006, 2010) reveals a substantial increase in brands, with foreign brands outnumbering domestic brands and placed in prominent ways. Results of surveys reveal that Indians are positive about the practice yet generally prefer domestic over foreign product placements. Consumer ethnocentrism versus admiration for Western lifestyles emerged as significant predictors of attitudes and perceptions. Theoretical ramifications for globalization, global brand strategy, and brand placement are discussed.