Tue Jul 08 09:20:00 UTC 2025: Okay, here’s a news article summarizing the provided text:

**PVR Inox Announces Massive Expansion, Aiming for 2,000 Screens by 2027**

**New Delhi, July 6, 2025** – PVR Inox, India’s largest multiplex chain, has unveiled ambitious expansion plans, aiming to add 200 new screens across the country over the next two years. The move will bring their total screen count to 2,000, solidifying their dominance in the Indian cinema market.

According to Executive Director Sanjeev Kumar Bijli, the company will invest a substantial Rs 400 crore to achieve this goal. A significant portion of the expansion will focus on the burgeoning South Indian market, with recent openings in Hyderabad and a commitment to further growth in the region.

“We are prioritizing expansion in both major metropolitan areas and smaller cities and towns,” said Bijli. “We believe there’s significant untapped potential in providing quality cinematic experiences across the country.”

While the initial target was to launch 100 new screens in the current financial year, PVR Inox has already opened 20 between April and June. Of the remaining 80, a significant number will be established in key Southern cities like Hyderabad, Bengaluru, and Hubli. Other cities slated for new screens include Mumbai, Delhi, Gurugram, Siliguri, Jabalpur, Leh, and Gangtok.

The company plans to dedicate 20% of these new screens to smaller towns and 40% to Southern states. Plans are also underway to launch 80 new screens in 2026-27, with the potential to hit 100.

The expansion in Telangana is particularly noteworthy, with 22 new screens being added to the existing 114, driven by Hyderabad’s rapid growth and increasing demand for entertainment.

The average cost of establishing a new screen is estimated at Rs. 3.50 crore. PVR Inox will partially finance these expansions under its Franchise Owned Company Operated (FOCO) model, investing 50% of the capital while partnering with local owners who will contribute the remaining half. This strategy allows PVR Inox to grow rapidly while leveraging local expertise and resources.

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