Moneycontrol PRO
Black Friday Sale
Black Friday Sale
HomeNewsBusinessCompaniesInox ties up with Imax for 5 theatre systems

Inox ties up with Imax for 5 theatre systems

Inox has 107 multiplexes, 420 screens spread across 57 cities and 19 states. The systems will be installed at the existing Inox multiplexes in Mumbai, Bengaluru, Delhi and Kolkata, starting with Inox at Ghatkopar here.

April 05, 2016 / 18:32 IST
     
     
    26 Aug, 2025 12:21
    Volume
    Todays L/H
    More

    Multiplex operator Inox today announced its agreement with Imax for five theatre systems.

    The systems will be installed at the existing Inox multiplexes in Mumbai, Bengaluru, Delhi and Kolkata, starting with Inox at Ghatkopar here.

    "We have built our business on our commitment to create a premium customer experience and we view our partnership with Imax as an extension of this strategy," Inox Leisure Chief Executive Officer Alok Tandon said in a statement.

    Inox has 107 multiplexes, 420 screens spread across 57 cities and 19 states.

    "We've always said India is potentially a huge opportunity for us. Now is the time to grow in this strategically important market and this deal serves as an important first step," Imax Chief Executive Officer Richard L Gelfond said.

    As of December 31, 2015, there were 1,061 Imax theatres (943 commercial multiplexes, 19 commercial destinations and 99 institutions) in 67 countries.

    first published: Apr 5, 2016 06:22 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347