| Year | Festival | Category | Winner | Result |
|---|---|---|---|---|
| 1983 | Oscars | Best Actor | Ben Kingsley | Winner |
| 1983 | BAFTA | Best Leading Actor | Ben Kingsley | Winner |
| 1983 | Oscars | Best Picture | Richard Attenborough | Winner |
| 1983 | Oscars | Best Director | Richard Attenborough | Winner |
| 1983 | BAFTA | Best Supporting Actress | Candice Bergen | Nominated |
| 1982 | Golden Globes | Best Actor - Drama | Ben Kingsley | Winner |