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INOX Leisure Limited signs agreement with IMAX Corporation

| | Apr 06, 2016, at 12:59 am
Kolkata Apr 5 (IBNS) INOX Leisure Limited (INOX), one of the largest cinema exhibition chains in India, announced an agreement with IMAX Corporation, for five IMAX theatre systems.

These systems will be installed at existing INOX multiplexes in the cities of Mumbai, Bengaluru, Delhi and Kolkata, starting with INOX at R-City, Ghatkopar, Mumbai. With this deal, INOX takes the cinema viewing experience of its customers to the next level.

“We have built our business on our commitment to create a premium customer experience and we view our partnership with IMAX as an extension of this strategy,” said Alok Tandon, CEO, INOX Leisure Ltd.

“By associating ourselves with the IMAX brand and offering our guests a completely immersive cinema experience, we will continue to strengthen our position. We are particularly excited about shaping the future of cinema in India through such initiatives," Tandon said.

“We’ve always said India is potentially a huge opportunity for us,” said IMAX CEO Richard L. Gelfond. “Now is the time to grow in this strategically important market and this deal serves as an important first step. We believe that INOX adding IMAX theatres to its most successful complexes – which are situated in top-tier cities – will help us expand our network in India at a more rapid pace.”

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