Rs 150 Crore Investment Planned By PVR To Add More Screens
Multiplex owner PVR Cinemas to invest Rs 150 crore in the next fiscal to open up to 40 screens across the country. The firm’s target of having 1,000 operational screens has been pushed to the end of fiscal 2022-23 due to the pandemic. This week PVR has added 9 new screens in Mysuru and Kanpur.Â
Going with the pace it would add 30-40 new screens in the next financial year beginning April 1. The firm at present operates over 844 screens at 177 properties in 71 cities (India and Sri Lanka).