The Dharma Productions director shared his plans for the coming year via his Twitter feed.
He posted: "My resolution for 2011... get rid of all kinds of excess baggage... emotional and my cluttered closet!!! Why pile up when you can unfold. (sic)"
The filmmaker, who has taken a break from directing to host the third season of Koffee With Karan, also shared a New Year greeting with his more than 380,000 followers.
"Happy new year to all of you... the lovers, the haters and my favourite gang... the indifferent ones," he wrote.
Johar's most recent hit My Name Is Khan became one of the first Bollywood films to screen in China, releasing in over a dozen Chinese cities last month.