Leading multiplex operator PVR is scouting overseas destinations for expansion and plans to open its first project in Sri Lanka in next two years, a top company official has said.
Besides Sri Lanka, the Gurgaon-based firm is also looking for other neighbouring countries like Myanmar and other emerging markets for its overseas expansion.
"We are opening in Sri Lanka, its not a massive foray but its still outside the shores of India. We are opening there in 24 months. Two properties are there in Colombo," said PVR Chairman and Managing Director Ajay Bijli.
PVR, which currently operates 600 screens in 51 cities in the domestic market, is aiming to have an annual foot fall of 100 million in next two years and to have around 1,000 screens by 2022.
(PTI)