Two neighboring kings addicted to gambling, Ranjit and his cousin Sohat, vie for the same beautiful young woman, Sunita, daughter of the hermit Kanwa.

Living an indolent life in a luxurious palace, Prince Gautama (Rai) is insulated by his family from the harshness of the world outside. But he is destined to learn greater truths: shocked to discover the pain and suffering of so many in his kingdom, he abandons his privileged existence, and his wife Gopa (Seeta Devi), to become a wandering teacher, eventually finding enlightenment and founding Buddhism. Featuring superimposed images and deep-focus shots that were highly impressive for the time, Light of Asia astutely combines a deeply felt spirituality with the surefire attraction of Indian exotica, which helped make it a considerable success in Europe.

Based on the 'Arabian Nights', this film tells of the Baghdadi woodcutter Alibaba (M. Bose) and his magic 'Open Sesame' formula; of the hero's jealous brother Kasim and the slave girl Marjina (S. Bose). The film adapts the 1897 play, giving it a Hollywood-derived exotic flavour. An improvised 'modern' dance is inserted. The slow, mannered acting with the frontally framed tableau shots are enlivened by the dance scenes, especially the Marjina-Abdallah sequence.