Cinepolis India

Cinepolis India to pump Rs 800 crore on Expansion

Cinepolis IndiaCinépolis India, Country's first international film exhibitor, has decided to pump around Rs 800 crore in southern India for setting up multiplexes across the four states.

The move will make Cinepolis' first largest presence outside Mexico. The company plans to open around 500 screens, out of which 50 per cent of will be in the southern cities, in the next seven years. According to a company official, most of the funds would be utilized for rentals and in developing screens.

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