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PVR Cinemas Plans To Invest Rs.1,000 Cr To Open 400 Screens

Industry Media & Entertainment

PVR Cinemas is planning to open 400 screens across India by 2020. To achieve, it plans to open screens in Chennai, Pune, Mysuru, Kota (Rajasthan), Hyderabad, Karnal (Haryana), Jammu, Bengaluru and Delhi. Each screen will involve an investment of close to Rs.2.5 crore. Meanwhile, the company is more focussed to open screens in tier-II and tier-III cities in India.

Extracted from HBL, June 21,’17

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