Speaking to ET NOW on Inox PVR merger, Ajay Bijli said “There was a danger of industry languishing if both entities did not come together. We will keep growing 1000-1200 screens over the next 3-5 years and now revenues will be better than March 2019 based on large film releases.” Meanwhile, Siddharth Jain of Inox said “This is the best way for 2 brands to create finest movie watching experience. With balance sheets coming together players will be enthused to infuse more funds. FY25 will see operational efficiencies of merged entity kick-in.” Watch the full interview here to find out all the details of the deal.
#PVRINOX #BlockbusterDeal #EtNow
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