Cinepolis to invest 500cr in 2 yrs

Hyderabad: Cinepolis, one of India’s leading international exhibitor, plans to invest additional 500 crore to reach the target of 400 screens by 2017. “We currently have 206 screens all over India, with an investment of over 500 crore. In the next two years, we plan to reach a target of having 400 screens and for that we will need twice as much of

what we have invested,” Javier Sotomayor, managing director, Cinepolis India told

reporters at the inauguration of its second multiplex

in Hyderabad on Friday.