SRINAGAR: An entertainment company has tied up with a Jammu partner to set up 50 cinema halls in Jammu and Kashmir. The work on the first four has started, reports in the media said.
The first four cinema halls will be set up in Jammu, Katra, Nagrota and Kathua. They will have 80 seats each.
An entertainment company Jadooz has tied up with Jammu based company Manomay to set up the 50 cinema halls in 24 months. Every single hall will require an investment of Rs 30 lakh and will be up and running in three months. The company hopes they will be able to get the investment fully back within three years.
Jadooz is run by Shobana, actor Rannvijay and Rahul Nehra. The Jammu partner is Sushant Sharma who will also oversee the investment and manage the infrastructure across Jammu and Kashmir.
The investment apparently is being done under the new policy announced by the central government. Kashmir, it may be recalled here, is not having cinema halls since 1990. All the talkies were closed and some of them were burnt. The cinema halls which survived the crisis were converted into garrisons.