Ajay Devgn's NY Cinemas ties up with Elan Group to set up multiplex in Gurugram; eyes 250 screens in next 4-5 years
This is the first ever tie-up of NY Cinemas in north India. Currently, NY Cinemas has 15 operational screens across the country and has already signed 60 more.
Novo Cinemas currently operates 104 screens with over 16,000 seats across 10 properties in the United Arab Emirates and the Kingdom of Bahrain
Carnival Cinemas has been in talks with UAE-based Emirates National Holdings as a potential co-investor