Now, on to the critical commentary. CNN-IBN had this to say (at this link) of portrayals of Holi in Bollywood:
It has been three years since we last saw any color splashed on the big-screen.
STOP. This is not true. In addition to the music video from Mangal Pandey (2005) I showcased above, here is a song from the 2007 movie Delhi Heights, starring Jimmy Shergill and Neha Dhupia. Get your facts right, folks at IBN!