The National Film Archives of India (NFAI) and the Film & Television Institute of India (FTII) on Thursday signed a Memorandum of Understanding (MoU) for transfer of three acres of land for the construction of a storage facility for films and film material.
According to an official release, the land belonging to the FTII at its Kothrud campus here will be transferred to the NFAI.
Bhupendra Kanthola, Director, FTII and Prakash Magdum, Director, NFAI signed the MoU.
Magdum thanked the FTII for "joining hands with NFAI in this cause of film preservation" and added that due to increased efforts of NFAI, "there has been steady inflow of celluloid films for preservation in last three-four years".
"This has resulted in the storage capacity of NFAI almost becoming full. Therefore, there is a need to construct new storage facility," he said.
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