PVR Inox to have 2K screens by '26, eyes Tier-II,-III cities for expansion
Business Standard|November 23, 2024
PVR Inox, India's largest film exhibitor, will have 2,000 screens by the year 2026 with more focus on expansion in the southern market's Tier II and III cities.
ROSHNI SHEKHAR

As of Q3FY25, the company's overall screen portfolio includes 1,747 screens in 356 cinemas across 111 cities in India and Sri Lanka.

It costs the cinema major ₹400 crore in capital expenditure to open 100-120 screens.

These expansion plans come a year after PVR Cinemas completed its merger with the then-second-largest film exhibitor, INOX Leisure.

"In the southern market, regional films have done very well and there is a great line-up of southern movies as well coming up in this quarter and the next. Pushpa (Pushpa 2: The Rule) is coming out in December, and in January because of the festivities there. In Pongal, the number of releases goes up," said Sanjeev Bijli, executive director, PVR Inox, in a virtual interview with Business Standard.

According to the recent data released by Ormax Media, the box office collection in October was led by Tamil and Telugu films.

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