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Article: INDIA'S PVR, THAILAND'S MAJOR CINEPLEX TO OPEN 500 BOWLING LANES.
- Article from:
- AsiaPulse News
- Article date:
- March 12, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW DELHI, March 12 Asia Pulse - Indian entertainment firm PVR Ltd (BSE:532689) announced a foray into the fashion bowling business in a joint venture with Thailand-based Major Cineplex Group and has plans to invest Rs 100 crore (US$19.6 million) over the next three years to open 500 bowling lanes across India. The two companies have entered into a 51:49 JV to bring the global fashion bowling brand 'Blu-O' into the country.
"We have entered into a JV with Major Cineplex Group and our plan is to invest Rs 100 crore over the next three years to open 500 bowling lanes across the country under the Blu-On brand. Our aim is to bring fashion bowling to ...
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