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HDIL to foray into Entertainment Business

December 18, 2007

HDIL just a while ago informed us that a new venture will offer films through its multiplexes and will have a range of gaming centres with food court that will be managed by Broadway. HDIL will set up its first Broadway theatre in Vasai, a Mumbai suburb. This will be followed with the opening of the Broadway entertainment centre at Kandivli somewhere around mid-January next year. The multiplex will have four screens by the end of the current fiscal.

HDIL is also scouting for acquisition in the theatre chain business and talks are on with various firms in the industry

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