FTII is located where Prabhat Studios once stood.
Actor Adesh Bandekar, who heads Shiv Sena-promoted film workers union 'Chitrapat Sena', said in a statement here that Prabhat Studios, which was witness to the golden era of Marathi cinema, completes 84 years on June 1.
"Renaming FTII as Prabhat-FTII would be a fitting tribute to the history of the studio," Bandekar said.
He said he would meet the FTII director soon and present a memorandum.
Prabhat Film Company, popularly known as Prabhat Films, was formed in Kolhapur in 1929. Its founders were noted film director V Shantaram, V G Damle, K R Dhaiber, S Fatelal and S B Kulkarni.