JOIN USIndywood, which is working to raise Rs 70,000 crore to convert conventional film theatres into multiplexes, launched the third edition of its film carnival here on Tuesday
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Businessman Sohan Roy, who conceptualised Indywood, said the future of film industry is dependent on latest high definition (HD) screens which are currently very few in India.
Noting that the HD race has stopped at television screens, Roy said theatre owners are yet to upgrade their systems.
“Director Rajamouli made Bahubali in 4k (4,096 x 2,160 pixels) resolution. But there was no projection facility in the country to screen it. He had to come to Thiruvananthapuram to see his movie and experience its visual effects,” he said.
Thiruvananthapuram’s AriesPlex SL Cinemas was once a conventional theatre. But it has been renovated now. It boasts of having the only 4k resolution projection facility in south India.
“We realised that the film industry will need good theatres as much as it needs good films for survival. Last year, Indywood received positive response from NRIs to invest in conversion of conventional theatres into multiplexes. So far, the platform has received a positive response,” he said.