HONG KONG — A trio of unconnected developments this week point to a modernization and further development of India’s still small multiplex cinema sector.
Inox acquired the privately owned circuit after a prolonged shareholder and courtroom battle with Reliance Big Cinemas. The purchase – temporarily – made Inox the biggest chain in India, though it has since been overtaken by PVR.
“All Fame theatres now have the latest projection technology and are 3D-enabled,” said Inox Leisure CEO Alok Tandon. Tandon also said that the company is busy building further capacity. “We expect to add 45-47 screens across cities like Jaipur, Kolkata, Vizag, Lucknow, Gurgaon and Greater Noida,” he said.