The Nicole Kidman-starrer film is set to release in India on June 13.
Directed by French director Olivier Dahan, the film is a biopic of Hollywood star Grace Kelly, her crisis of marriage and identity during a dispute between Monaco's Prince Rainier III and France's Charles de Gaulle in 1962.
"I feel films like 'Grace of Monaco' do not really create a buzz in India. Our audience prefer superhero films or Oscar nominated films. Since we have the resources, we are trying to release the film in more than 70 screens (in India)," Uday told PTI.
"I am not looking at making money with the film in India. We are releasing the film here as a prestige issue. We hope it recovers the money spent on marketing it in India. I am still testing the waters with this film and hopefully with my forthcoming films we will do better," he said.
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Uday is the CEO of YRF Entertainment, the international film production wing of Yash Raj Films.
'Grace of Monaco' was the opening film at the 67th Cannes Film Festival, for which Uday was present.