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Satyam Cineplexes plans for 104 screens

The cinema giant has already set up 65 screens at Haridwar, Rohtak, Mysore, Greater Noida, Ludhiana, Gurgaon and Jalandhar. But the venture still continues as the company will spend between Rs 200-250 crore on the expansion. The multiplex chain, which currently operates 12 screens in three multiplexes in Delhi, now plans to go for lease model. Satyam is targeting Tier II cities in the country instead of having more screens in the metros. What it follows with the opening of more Satyam Cineplexes across the country will be a big business opportunity for the in-store signage companies, PSPs, sign makers, etc.

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