The most awaited dream of every Indian starlet will finally come true. A museum on Indian cinema will be ready by May 2013. The Information and Broadcasting minister Ambika Soni on Thursday announced the news and said, "There are a few interesting projects to commemorate the centenary (of Indian cinema). We are planning to open a museum of Indian cinema. The museum will be in Mumbai, in the heritage building of Gulshan Mahal. It will be ready before May 2013". She further said that, from now onwards the National Film Awards ceremony will be held May 3 every year to commemorate the release date of the very first Indian movie "Raja Harishchandra". The silent movie made by Dadasaheb Phalke was released on May 3, 1913. "In the last 100 years, we have witnessed the vibrancy of Indian cinema -- from biographies, romantic films, commercial cinema to art," she further added to her statement. The museum would be a store-house of information and would have the chronological display of all artefacts, equipments, costumes, photographs, promotional leaflets, vintage equipments, posters, soundtracks, biographies, and statistics covering film-distribution, cinema magazines and other materials related to cinema.