Indian film industry has been growing at a robust pace of around 17 per cent for last two years and is expected to maintain this momentum over FY07 to FY11 to reach at Rs 17,500 crore by FY11.
Shree Ashtavinayak Cine Vision Ltd (SACVL) has proved its competitive advantage by delivering five hits in a row. The company has aggressive plans for scaling up its production as well as distribution business. It has lined up 13 films to be released in next two years.
Under its distribution business, SACVL plans to expand its geographical presence by entering into Delhi/UP, Punjab territory and also planning to enter into overseas distribution.
To meet its funding requirements of production as well as distribution, SACVL has recently raised Rs 137 crore through FCCB. SACVL