The 34th International Film Festival of India was held from 9–19 October 2003 in New Delhi. The competitive edition was restricted to Asian Directors and Neelam Kapur was the festival director. Veteran actor Kamal Haasan was the chief guest.

Winners Life Time Achievement Award - "Liv Ullmann" Golden Peacock (Best Film): "At Five in the Afternoon" by "Samira Makhmalbaf" (Iranian film) Silver Peacock Award for the Most Promising Asian Director: "Ra'anan Alexandrowicz" for "James' Journey to Jerusalem" (Israeli film) Silver Peacock Special Jury Award: "Prohor" by "Subhadro Chowdhury" (Bengali film)

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