1. IFFI - International Film Festival of India - Generally a live-action film festival but animated entries are invited as well - held once in a year)

2. Anifest India - The Animation Society of India organises this festival once every  year.

3. Chitrakatha International Student Animation Festival - NID (National Institute of Design), Ahmedabad organises this festival,  once every two years)

4. MIFF - Mumbai International Film Festival  - Invites entries for  short films, documentaries, live-action films,and animated films from all around the world which is held once every two years

Slumdog Millionaire is a hit all around the globe
Slumdog Millionaire was the biggest winner, acquiring five trophies at the 14th annual Critics’ Choice awards. According to reports by VARIETY, WALL-E was honoured by the best animated film and Waltz with Bashir bagged the top foreign language film.
 

Due to high demand for the entries, the last date of submission of entries has been extended to 2nd January, 2009
For more details visit :

http://redstickfestival.org/submissions