Sica's famous 'Bicycle Thieves' was the first movie to be screened during the 10-day long festival that started on March 29 and is slated to end on April 7.
The neorealism classic is famous for its story of a poor father's search for his stolen bicycle, without which he would lose his job.
The other famous films screened during the festival include French film director Robert Bresson's 1959 classic 'Pickpocket', 'Los Olvidados' and 'The Virgin Spring', directed by Swedish director Ingmar Bergman.
Italian drama La Strada by Federico Fellini and the story Nazi Germany's death camps in Alain Resnais's 'Night and Fog' will be shown on April 3 and 4 respectively.
In the last two days movies like Kurosawa's 'Red Beard' and Jean-Luc Godard's 'Breathless' will be screened.
The festival will end with National Award-winning director Shaji N Karun's 'Moving Focus', which will be shown on April 7.