Mexico based cinema chain Cinepolis plans to invest around Rs 1,000 crore by 2017 as media sources have revealed. Cinepolis chain which presently runs 96 screens is all set to increase screen number by 400 with proposed investment.
Highlighting the expansion strategy the company official has stated in a media interaction that the company is hopeful to reach the proposed target despite ongoing slump in real estate.
As media sources have indicated that the company plans to open another 41 screens before the end of the year and cross the 100-screen mark, including three megaplexes.
