Privilege The group has signed an agreement with the Maharashtra government to create an entertainment center of $ 400 million in the heart of the Mumbai film industry, the house of Bollywood.
The “world entertainment destination” will include a large production studio supported by “advanced digital infrastructure”, live entertainment facilities, themed parks and experienced centers, stores, restaurants, hotels and housing. The plan is for a space that serves both content producers and television and cinema enthusiasts
Prime Focus said that the investment would be 3000 crores ($ 400 million) and would create “thousands of highly qualified jobs in the region”. Namit Malhotra, founder and CEO of Prime Focus, made this announcement alongside Devendra Fadnavis, chief minister of Maharashtra.
The company VFX, Post and Media Services, which works on Hollywood and Bollywood television films and shows, also has and operates one of the largest production facilities in Asia in Mumbai, including eight sound scenes designed by Hollywood, and its studio Dneg Mumbai is also located nearby.
“My vision of this evolution, shared by the Honorable Minister of Chief Mr. Devendra Fadnavis, is to honor the legacy of more than 100 years of our world renowned film industry by bringing together the combined power of privileged discussion group societies – notably Oscar creativity at the heart of our cinematographic heritage, here in Mumbai,” said Malhotra.
“Taking the extraction of the history of crafts and innovation in our country, we are not only developing the world’s largest center for creating content; We also create a destination that presents IndiaCulture, our history and our abilities for the world, with experiences of entertainment and lifestyle that are safe. »»
“I am happy to add the creation of this new generation entertainment center to the list of projects that transform our state, keeping us at the forefront of India’s growth and development,” added Fadnavis. “I can’t wait to work with Prime Focus and Dneg to create a world -class production and tourism destination, guaranteeing the position of Mumbai as a center of excellence of realization and entertainment.”