Cinepolis to have 35 pc of 41 RealD 3D screens by year end

Ahmedabad, Nov 16 (PTI) World's fourth largest cinema exhibitor, Cinepolis today said it targets to have 41 screens in India by this year end, of which, close to 35 per cent shall be RealD-3D screens for a better viewing experience. "Our RealD-3D screens are changing viewing experience for the movie buffs in India. We target to have 41 screens in the country by the end of this year, of which 35 per cent shall be RealD-3D screens" Country head and Managing Director Cinepolis Milan Saini told newsmen. "With today's opening, we have 26 screens in India and soon, we shall be opening screens in Surat (6), Managalore (5) and Jaipur (4), taking the tally to 41 screens by this year end," he said. Saini was here to launch the company's six screen multiplex, offering world class viewing experience, with better seating space, digital sound and 3-D viewing. The Mexico-based cinema exhibitor has set an ambitious target of having 500 screens in India by 2016. "Our overall target is to have close to 500 screens in India by 2016, and we have identified 40 cities for it to be a truly pan-India company," Saini said. "We invest close to Rs 2.5 crore on setting up a screen and expect revenues of Rs 2-3 crore per screen annually," he said. According to industry estimates, 3D viewing is fast catching up in the country. Around 20 3D-films are getting released annually in India, the latest one being 'Ra-One'. "Don-2, in 3D is expected to be released in December this year," Saini said. PTI VKB PD NP