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Cinepolis to set up 300 multiplex screens

Thursday, 27 Jan 2011
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Cinepolis, the Mexico based multiplex operator, has signed up with a series of Indian mall developers to roll out some 300 screens. The project is to entail an investment of Rs 900 crore.

The company is targeting 40 cities including Bengaluru, Mangalore, Bhopal and Jaipur to roll-out its multiplex screens. Around 50-80 multiplex screens are to be opened in the current year at a cost of about Rs 3.15 crore each.

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