HOW THE NEXT GENERATION IS POWERING THE PVR LEGACY?
Entrepreneur magazine|August - September 2024
Cinemas are as old a form of entertainment as far as we can remember. The millennial in me was awestruck watching DDLJ come alive on the big theater. However, for me the real movie thrill was watching a movie at PVR Naraina. For everyone, PVR was a rage in the 2000. As friends if one would buy the tickets, the other would compensate with popcorn and cold drink as both would almost cost equal. In fact, PVR was in its best phase preCovid. 2019 would count among the best year the cinema chain had seen. However, everything changed for humans and businesses alike as Covid struck our lives. Being confined not only meant screen closures, it also meant newer forms of entrainment coming via different channels. OTT saw its rise and our smartphone screens served us well. The cinema chain which grew over 25 years to become the biggest in the country suddenly saw its competitor in a handheld device. But things do not always remain the same. Post-Covid every business and human was back with full force to live their best life and achieve the maximum they could in the shortest period of time. Though revenge retail and travel zoomed back, movie hopping wasn't back on the map as old habits die hard. The rise of digital entertainment during covid further gave a new way of entertainment to audience who don't necessarily feel the need to spend time and money to go to a theater. However, bigger the challenge, bigger the opportunity that's what entrepreneurs tend to do. Entrepreneur India had the opportunity to sit down with Ajay bijli, MD, PVR INOX and his three kids Niharika, Nayana and Aamer to witness how the future will unfold for entertainment and experience.
PUNITA SABHARWAL
HOW THE NEXT GENERATION IS POWERING THE PVR LEGACY?

AJAY BIJLI MD, PVR INOX THE SHOWMAN

You ventured into the family business and now your children are also part of it. How different is it from the time you got inducted to that of your children?

When I joined the family business, we had a single screen cinema and the transport company. It is very different when you have to join a listed company. At that time my father was the one who was guiding me to make sure that I navigated, in both the businesses right from the grassroots up to a management position. He wanted me to understand everything. And I understood how the operations worked before I could think about revamping the cinema. And similarly with the trucking company, he wanted me to understand everything that happens in a booking office and a delivery office.

How were the roles allocated to each one of your children? Was it a natural process?

You can't impose anything on anybody these days, let alone your family members. It's just wherever they showed the right aptitude. Niharika, for example went to study cinematic arts in the USA and fell in love with the idea of directing and script writing. It was very natural that she would work with PVR, after she finishes a stint, with Ayan Mukherjee and Karan Johar (for Brahmastra: Part One - Shiva) that she gets into all the ad films that we are doing, because a lot of directors intersperse between doing films as well as ad work, and even to tell a story in 60 to 90 seconds is not easy.

Nayana for the longest time has been very interested in the distribution part of the company. She became naturally aligned towards looking at the distribution arm of PVR pictures and working along with my younger brother Sanjeev. She has a flare for alternate marketing and alternate programming. Plus she's being very helpful to me while doubling up as my chief of staff.

This story is from the August - September 2024 edition of Entrepreneur magazine.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the August - September 2024 edition of Entrepreneur magazine.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM ENTREPRENEUR MAGAZINEView All
ROAD TO REGULATIONS
Entrepreneur magazine

ROAD TO REGULATIONS

While ensuring safe and legal usage of Al, Indian parliamentarians call for a breathing space for startups to grow in

time-read
4 mins  |
August - September 2024
What It Takes To Run A Family Business
Entrepreneur magazine

What It Takes To Run A Family Business

Assimilation involves role clarity, accountability trackers, quarterly dialogues, industry leader mentorship and external work experience

time-read
5 mins  |
August - September 2024
I Know Why Your Customer Service SUCKS
Entrepreneur magazine

I Know Why Your Customer Service SUCKS

That's because I left my high-paying executive job, worked five low-wage frontline jobs, and experienced the problem firsthand. Here's what I learned about fixing it.

time-read
10+ mins  |
August - September 2024
The Hire That Changed Everything
Entrepreneur magazine

The Hire That Changed Everything

What roles do you need to fill at your company? It's sometimes hard to know. Here, six leaders share the hire they didn't realize they needed (and are so glad they made).

time-read
2 mins  |
August - September 2024
An Empowering Coin
Entrepreneur magazine

An Empowering Coin

The rise in female retail cryptocurrency investors and why the ecosystem needs more of them

time-read
4 mins  |
August - September 2024
Plans To Expand Presence Its India
Entrepreneur magazine

Plans To Expand Presence Its India

To cater to its new segment, MediaTek is increasing its engineering presence and R&D development in India, says Anku Jain, MD, MediaTek India.

time-read
3 mins  |
August - September 2024
India Needs Homegrown Product Companies In Semiconductor
Entrepreneur magazine

India Needs Homegrown Product Companies In Semiconductor

CADENCE DESIGN'S INDIA MD

time-read
5 mins  |
August - September 2024
GROWING WATER SCARCITY IN INDIA REPRESENTS AN OPPORTUNITY FOR NEW AGE START-UPS
Entrepreneur magazine

GROWING WATER SCARCITY IN INDIA REPRESENTS AN OPPORTUNITY FOR NEW AGE START-UPS

The way in which India manages its scarce water resources accounts for much of its water woes.

time-read
3 mins  |
August - September 2024
Google's Shocking Surge in Carbon Emissions Sparks Industry-wide Sustainability Reassessment
Entrepreneur magazine

Google's Shocking Surge in Carbon Emissions Sparks Industry-wide Sustainability Reassessment

According to International Energy Agency, (IEA), Global energy-related CO2 emissions grew by 0.9 per cent or 321 Mt in 2022, reaching a new high of over 36.8 Gt.

time-read
3 mins  |
August - September 2024
EV Industry Lauds UP Govt's Decision On Strong hybrid Vehicles
Entrepreneur magazine

EV Industry Lauds UP Govt's Decision On Strong hybrid Vehicles

This comes after the Uttar Pradesh government had announced a threeyear exemption from tax and registration fees for the purchase of EVs which will be valid for five years for EVS manufactured within the state, last year.

time-read
3 mins  |
August - September 2024