PVR-Inox merger: We want to roll out 200 screens a year, says Bijli & Jain

From a macro angle, with the consumer behaviour change that has happened, content is getting consumed everywhere: Bijli and Jain

PVR and Inox Leisure have inked a deal to merge and will become India’s largest film exhibition company. In an interview, Ajay Bijli, chairman and managing director of PVR, and Siddharth Jain, director of Inox Leisure, talk to Sharleen D’Souza about the way forward for the merged entity. Edited excerpts:

This merger will make you a dominant player in the industry. Would you get regulatory approvals easily?
 

For regulatory approvals, we definitely have to go through the process — there’s the stock exchange, Securities and Exchange Board of India (Sebi), and National Company Law Tribunal (NCLT). We’ve been told by councils