Gulabi Talkies is based on the short story by Vaidehi, it focuses on the effects of globalization on an island populated by fishermen. The script is by Kasaravalli, who also teamed up with Vaidehi for the dialogues.
The festival's competitive section has four categories Asia-Arab films, Indian films, First Features and Intolerance. Gulabi Talkies won the award in the section for Indian Films.
Speaking to the media after receiving the award, Kasaravalli said he is immensely pleased at the international recognition that the film received. Earlier, Kasaravalli was presented with a Special Jury Award at the 2006 Osian's Cinefan for his film Naayi Neralu.