Cinepolis to have 600 screens in next 4 years

Cinepolis India, the subsidiary of Mexican multiplex chain operator Cinepolis, is looking to take its total count of screens to 600 in the country over the next four years, said a top company official.

The multiplex chain, which currently operates around 348 screens in the country, has plans to add around 40 screens every year.

The company is also looking to pursue inorganic growth opportunities if it finds a right chance to buy. India is the second largest market for Cinepolis after home country Mexico.

"Probably, with the organic growth, we may reach around 600 in the next four years by 2022," Cinepolis Asia MD Javier Sotomayor told PTI.

Further, he said, the multiplex operator would also pursue inorganic growth opportunity for its expansion.

On plans of expansion through inorganic route, he said, "We are always looking for that possibility...we are interested, if get some in the top 60 cities of the country."
On being asked that whether India could be Cinepolis largest market globally, Sotomayor said: "Eventually, it may be. This country has great potentials."