Carnival Cinema, the multiplex operator, has been planning to increase its presence in tier II and III cities and add 700 screens by March 2018 to reach a target of 1,000.
Shrikant Bhasi, Carnival Group Chairman has said that “Our emphasis is on setting up theaters in tier II and tier III markets. So we have a vision of 1,000 screens by March 2018 and 90 percent of these screens are going to be in tier II markets, where the population is more than 3.5-4 lakh. We have already signed 150 screens for this.”
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