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Cinemax plans more theatres

Thursday, 02 Sep 2010
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Mumbai based Cinemax India proposes to open 45 screens in the current fiscal.

The company is likely to infuse Rs 1.5-2 crore in setting up each screen. On 1 September 2010, the company launched a new multiplex Cinemax-Shiv in Ahmedabad, with plans to open two more theatres in Baroda and Surat in Gujarat by March 2011.

Cinemax is also planning to expand its gaming business 'Giggles- The Gaming Zone'.

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