Cinepolis, a Mexican multiplex chain, is the only foreign company that ventured into India’s complicated film retail business in 2009. The nearly $2-billion Cinepolis has 6,704 screens across 17 countries. Of these, 390 are in India. These brought in (again an estimated) Rs 1,400 crore in revenue placing the company alongside PVR Cinemas, Inox Leisure and Carnival, India's top multiplex chains. Javier Sotomayor, managing director, Asia and Middle East spoke to Vanita Kohli-Khandekar on how Cinepolis plans to get back on its feet in India. Edited excerpts.
How has the coronavirus (Covid-19) pandemic and the lockdown affected Cinepolis?
The pandemic