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Carnival Group to invest huge to expand multiplex footprints

Carnival Group will invest Rs 500 crore for pan-India expansion of its footprint in multiplex segment by 2017. According to a company source, Carnival Group will have 1,000 screens across the country by the set target. Around 200 screens will be added in Madhya Pradesh shortly and more screens will be added in Tier I and II cities. The company will add 40 screens in next six months time taking the total number of screens to 413. There are signage players who have been active and expertise in branding, interior designs and related jobs in multiplex arenas; they must get ready to tap such fresh business opportunity emerging in the sector.

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