Tag: inox

  • Top 14 Multiplex Chains and Biggest Movie Theatres in India | Best Cinema Halls to Watch Movies

    Whether it’s a small town or a metropolitan city, the trend and popularity of multiplexes charm every soul! Multiplexes usually refer to the theatre that displays multiple screens at the same time, which means multiple movies simultaneously.

    The multiplexes and theatre companies in India have changed the preferences and viewpoints of the audience towards movies in today’s time. This enhancement begins in the mid-1990s with the first-ever multiplex of India, PVR Anupam. Today, the chain of multiplexes, along with theatre companies in India, has expanded on a broad scale.

    This popularity of multiplexes was pretty tough on the single-screen theatre, and with such an increasing number of multiplexes today, merely a few years are left for the business of single-screen theatre to come to an end. And it’s totally true that multiplexes have made our movie time way more convenient and with multiple options. Now, that brings us to the main content of this article, which is, the top multiplexes in India. So, let’s get started!

    # Company Name Short Description Special Feature
    1 PVR INOX India’s largest multiplex chain with wide reach and luxury formats. IMAX, 4DX, premium formats, national coverage
    2 SRS Cinema Once known for affordable viewing; now largely inactive. Budget-friendly screens in North India
    3 Big Cinemas Formerly a major chain, merged with Carnival Cinemas in 2015. Was part of Reliance ADA Group
    4 Esquare Talkies Pune-based multiplex chain known for local presence and comfort. Popular in Maharashtra
    5 Cinepolis First international chain in India, offers IMAX & 4DX experiences. Mexico-based, luxury & tech focus
    6 Mukta A2 Cinemas Focuses on affordable cinema experiences with good service. Founded by film director Subhash Ghai
    7 SPI Cinemas Luxury-focused cinema chain, now part of PVR. Known for Sathyam Cinemas in Chennai
    8 MovieTime Cinemas Offers both luxury and standard formats across India. Wide reach with balanced pricing
    9 Miraj Cinemas Rapidly expanding chain focused on Tier 2 and Tier 3 cities. Fast growth in small cities
    10 Carnival Cinemas Known for acquiring Big Cinemas; now facing operational challenges. Mass-market approach, all-India presence
    11 AMB Cinemas Luxury cinema venture by actor Mahesh Babu in Hyderabad. Celebrity-owned premium theater
    12 Chhotu Maharaj Cinema Affordable dome theaters for rural and small-town India. Dome screens, education + entertainment
    13 Wave Cinemas North India-focused multiplex with premium service and seating. Modern tech, family-friendly ambiance
    14 Gold Cinemas Affordable cinema brand targeting Tier 2 and 3 cities. Low ticket prices, smaller towns focus

    PVR INOX

    Company Name PVR INOX
    Founded in 2023 (Merger)
    Founders Ajay Bijli and P K Jain
    Total Screens 1712
    Top Multiplex Cinema in India - Types of Cinema Hall in India
    Top Multiplex Cinema in India – PVR INOX Cinemas

    In 2022, two of India’s largest multiplex chains – PVR Cinemas and Inox Leisure merged to form PVR Inox Limited. This merger created the largest film exhibition company in India, operating over 1,712 screens across 360 properties in 113 cities. The combined entity has a significant presence across the country, with a strong foothold in major metropolitan areas as well as tier 2 and tier 3 cities.

    The merger brought together the strengths of both companies, with PVR’s brand recognition and premium experience combined with Inox’s focus on providing an affordable luxury cinema experience, establishing itself as the best multiplex in India. The new entity aims to leverage synergies in areas such as programming, distribution, and marketing to enhance its market position and provide a diverse range of cinema experiences to moviegoers across India. It tops the list of top 10 multiplex theatres in India.

    With over 1,712 screens under its umbrella, PVR Inox Limited has emerged as the biggest multiplex chain in India, a formidable player in the Indian entertainment industry. The company’s extensive reach and diverse offerings, including premium formats like IMAX, 4DX, and P[XL], position it as a leader in the multiplex segment, catering to the evolving preferences of Indian audiences seeking an immersive and premium movie-viewing experience.

    Theatre Brands in India

    SRS Cinema

    Company Name SRS Cinema
    Founded in 2004
    Founder Anil Jindal
    Total Screens 57
    Top Multiplex Cinema in India - SRS Cinema
    Top Multiplex in India – SRS Cinema

    SRS Cinemas, a part of SRS Ltd., is a well-known name in the Indian multiplex industry and ranks among the top cinema chains in India. With a presence in six cities, SRS Cinema has established itself as one of the most popular multiplex brands in the country and is one of the top 10 biggest theatres in India. Over the years, it has witnessed steady growth and is on the path to becoming one of the leading multiplexes in India. Its commitment to providing top-notch cinema experience to its audience has earned it a loyal customer base.


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    Big Cinemas

    Company Name Big Cinemas
    Founded in 2001
    Founder Anil Ambani
    Total Screens 515
    Top Multiplex Cinema in India - Big Cinemas
    Top Multiplex in India – Big Cinemas

    Big Cinemas is one of the prominent multiplex chains in India that operates under the umbrella of Reliance MediaWorks Ltd and is a part of the Reliance ADA Group. With a widespread presence across India, the US, Netherlands, and Malaysia, Big Cinemas caters to over 40 million movie-goers. The multiplex chain was established in 2001 and has its headquarters in Mumbai, India. It boasts a massive chain of 515 screens, of which more than 260 are located in India alone making it one of the best multiplex in India. Big Cinemas is a go-to destination for movie buffs who seek a high-quality cinematic experience coupled with world-class amenities and services.

    Esquare Talkies

    Company Name Esquare Talkies
    Founded in 2003
    Founder Hemant Manmohan Panchamia (Managing Director)
    Total Screens 143
    Top Multiplex Cinema in India - Esquare Talkies
    Top Multiplex Cinema in India – Esquare Talkies

    If you’re looking for a fun and exciting place to spend some quality time with your family while enjoying your favorite movies, Esquare Talkies in Pune could be just what you need! This amazing cinema exhibition was launched back in 2003 and has quickly become a household name for movie-goers in the area. What’s even more impressive is that Esquare Talkies managed to secure its position at the very top theatre company in India in a mere four years! Esquare Talkies is one of the top multiplex chains in India. In June 2018, Carnival Cinemas, led by Dr. Shrikant Bhasi, acquired 37 operational screens of the E-Square Cinema chain in Maharashtra.


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    Cinepolis

    Company Name Cinepolis
    Founded in 1971
    Founder Enrique Ramírez Miguel
    Total Screens 6,699
    Cinema Brands in India
    Best Movie Theatre in India – Cinepolis 

    Cinepolis, the top cinema company in India, has a massive presence in India’s multiplex industry with a multiplex chain of over 432 screens. It is the biggest multiplex chain in Mexico, boasting 6,699 screens across 92 cities. It is the fourth largest multiplex chain across the globe in the top 10 biggest theatre in India, with an impressive count of over 5,000 screens and 624 theatres. Cinepolis is the first international exhibitor in India and operates under the brand names of Cinepolis, Fun Cinemas, and Cinepolis VIP. The brand’s commitment to providing a superior movie-watching experience is evident in its state-of-the-art facilities and exceptional customer service.


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    Mukta A2 Cinemas

    Company Name Mukta A2 Cinemas
    Founded in 2011
    Founder Subhash Ghai
    Total Screens 73
    Top 10 Cinema Hall in India
    Top Multiplex Cinema in India – Mukta A2 Cinemas 

    Mukta A2 Cinemas is a prominent multiplex chain that has been serving the Indian public since July 2011. The cinema chain has carved a niche for itself by providing movie tickets at highly affordable rates, to make movies accessible to everyone. With a total of 73 screens, Mukta A2 Cinemas is spread across 18 cities in India, catering to the entertainment needs of diverse audiences throughout the country. The chain is known for its state-of-the-art facilities, comfortable seating arrangements, and high-quality audio and visual technology, all of which ensure an immersive and enjoyable movie-going experience making it one of the top cinema hall in India.

    SPI Cinemas

    Company Name SPI Cinemas
    Founded in 1974
    Founders Kiran Reddy and Swaroop Reddy
    Total Screens 76
    Theatre Brands in India
    Top Multiplex Cinema in India – SPI Cinemas

    SPI Cinemas, also known as Sathyam Cinemas, is a renowned multiplex cinema in India that originated in Chennai. Over the years, it has expanded its network to several other states in India and has established itself as a prominent name in the Tamil Nadu movie market. In 2019, the popular cinema chain was acquired by PVR Cinemas, which further strengthened its position in the industry.


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    MovieTime Cinemas

    Company Name MovieTime Cinemas
    Founded in 1968
    Founder O.P. Kapur
    Total Screens 65

    MovieTime Cinemas is a highly renowned and widely acclaimed chain of multiplexes in India, operating multiple state-of-the-art cinema halls across some of the biggest cities in the country. With a strong focus on delivering an unparalleled movie experience, MovieTime Cinemas boasts advanced projectors and top-of-the-line amenities that cater to the diverse needs of the audience. Whether you’re a movie buff or just looking to unwind with your friends and family, MovieTime Cinemas is the perfect destination to catch the latest blockbusters and enjoy a memorable cinematic experience.

    Miraj Cinemas

    Company Name Miraj Cinemas
    Founded in 1987
    Founder Madan Paliwal
    Total Screens 172
    Cinema Hall Company in India
    Top Multiplex Cinema in India – Miraj Cinemas

    Miraj Cinemas is a prominent player in India’s multiplex industry, having started its journey by launching four large multiplexes in Delhi NCR and Gujarat. Over time, it has grown into a vast network of multiplexes, with an impressive 172 screens spread across 57 locations in India and is one of the top multiplexes in India. This successful expansion is a testament to Miraj Cinemas’ commitment to providing top-quality entertainment experiences to moviegoers across the country, making it the best cinema hall in India.


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    Carnival Cinemas

    Company Name Carnival Cinemas
    Founded in 2012
    Founder Shrikant Bhasi
    Total Screens 430

    Carnival Cinemas is a rapidly expanding chain of multiplexes in India that is dedicated to offering moviegoers an enjoyable and cost-effective cinematic experience. Their presence is felt in both urban and rural areas of the country, bringing the wonder of films to every nook and cranny of India. At Carnival Cinemas, they pride themselves on providing a magical movie experience to all their patrons, regardless of their location or background. In 2014, Carnival Cinemas acquired HDIL’s Broadway Cinema chain and Anil Ambani’s Big Cinemas, making it one of the top three cinema companies in India.

    AMB Cinemas

    Company Name AMB Cinemas
    Founded in 2016
    Founder Mahesh Babu
    Total Screens 7 3-D screens

    Asian Cinemas, with superstar Mahesh Babu and Namrata Shirodkar, launched AMB Cinemas, a luxury movie experience. It combines hotel-like hospitality with advanced movie technology. AMB has seven 3D screens with DOLBY ATMOS sound and a 400-seat auditorium with the first laser projector in Telangana and Andhra Pradesh.

    Chhotu Maharaj Cinemas

    Company Name Chhotu Maharaj Cinemas
    Founded in
    Founder Nikita Rattanshi
    Total Screens 118

    Chhotu Maharaj Cinema is a unique concept to bring affordable cinemas to small towns, districts, and villages. It offers a full movie experience with a good ambiance, tasty food, modern technology, and the latest movies at low prices. Designed as a dome for an immersive experience, it combines entertainment, technology, and education. It’s perfect for families who want to enjoy movies and events without spending too much, especially in Tier 2, Tier 3 cities, and rural areas.

    Wave Cinemas

    Company Name Wave Cinemas
    Founded in 1999
    Founder Late Gurdeep Singh Chadha (Ponty Chadha)
    Total Screens 100+ screens across multiple cities in North India
    Largest Cinema Hall in India - Wave Cinemas
    Top Multiplex Cinema in India – Wave Cinemas

    Wave Cinemas is a premium multiplex chain known for offering a high-quality movie experience across major cities, especially in North India. With advanced projection systems, comfortable seating, and modern sound technology, it caters to both mainstream and regional audiences. The cinemas are often located in upscale malls and urban centers, making them a popular choice for families and moviegoers seeking comfort and convenience. Wave Cinemas also focuses on customer service and cleanliness, delivering a polished and enjoyable entertainment experience and considered as one of the best cinema brands in India.

    Gold Cinemas

    Company Name Gold Cinemas
    Founded in 2007
    Founder Mr. Nitesh Sharma (MD, Gold Souk Group)
    Total Screens 30+ screens across Tier 2 and Tier 3 cities in India
    Top Multiplex Cinema in India - Gold Cinemas
    Top Multiplex Companies in India – Gold Cinemas

    Gold Cinemas is a movie theater chain in India that shows the latest films at affordable prices. It started in 2007 and is part of the Gold Souk Group. Gold Cinemas mainly operates in smaller cities and towns (Tier 2 and Tier 3), so people in those areas can enjoy good quality movie experiences. The cinemas have clean seats, nice sound and picture, and friendly service. Gold Cinemas is a good choice for families who want to watch movies without spending too much money.

    Conclusion

    In conclusion, we can say that the multiplex industry, along with various theatre brands, has grown at great speed and has made great advancements. Numerous companies are working to provide the finest movie experience to their audience.

    Among these names, PVR Cinemas, INOX, and SRS Cinemas have established a huge presence in the theatre chains in the Indian market. These multiplexes have changed our movie experience and given us the luxury of choosing among multiple movie options. Stay tuned for more such content.

    FAQs

    Which is the biggest multiplex in India?

    The largest multiplex in India is the 16-screen Mayajaal in Chennai.

    Which city has the most theatres in India?

    In India, Andhra Pradesh has the highest number of theaters with a total of 6,877 throughout the country.

    Which is the biggest movie theatre company?

    AMC Global cinema is one of the biggest movie theatre companies and best cinema in India with approximately 11,000 screens.

    What are the types of cinema halls in India?

    In India, cinema halls include single-screen theatres and multiplexes. Single-screen theatres are traditional, while multiplexes offer multiple screens within a single complex.

    Which are the prominent cinema chains in India?

    Some prominent cinema chains in India include PVR Cinemas, INOX, and SRS Cinemas, offering a diverse range of movie options and luxurious experiences.

    Which theatre is known as the best theatre in India?

    PVR Cinemas is often regarded as one of the best theatre chains in India, and it is known for its modern facilities, comfortable seating, and wide movie selection.

    What is multiplex theatre?

    A multiplex theatre is a cinema complex with multiple screens, offering a variety of movie options simultaneously, enhancing the audience’s viewing choices and convenience.

    What are the various types of Cinema halls in India?

    There are several types of cinema halls in India, including multiplexes, IMAX theaters, and old-style cinemas.

    Which is the biggest theatre in India?

    Mayajaal Multiplex in Chennai is the biggest cinema hall in India, with 16 screens. It’s been a top cinema destination since it opened in 1997.

    Which is the largest cinema chain in India?

    The largest cinema theatre in India is PVR INOX Ltd.

    Which is India’s biggest theatre?

    The biggest theatre in India is Raj Mandir Cinema in Jaipur. Opened in 1976, it has around 1,200 seats and is known for its grand, palace-like design. It’s a single-screen theatre famous for its luxurious interiors and is considered an iconic landmark in Indian cinema.

  • INOX Success Story – What Makes This Indian Company a Leading Giant?

    Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by INOX.

    Over the years, India has been seeing some huge setups related to trading and manufacturing. Today, the manufacturing sector contributes about 16-17% to the GDP of India and gives employment opportunities to around 21% of the Indian workforce.

    One such business started, and ever since, they have been providing employment opportunities to a lot of people. India’s one of the most versatile and biggest groups of companies – Inox entered the business world about 90 years ago. In 1920, the company started as a newsprint trading business called Siddhomal and Sons by Shri Siddhomal Jain. Later in the 1960s, his son Devendra Kumar Jain established the Industrial Oxygen Co. Pvt. Ltd. in Pune.

    Let’s go through Inox’s success story, which includes all information about the company such as its Founders, Products, and Services, Mission and Vision, Business and Revenue Model, Investors, Acquisitions, and more.

    INOX – Company Highlights

    Startup Name INOX
    Headquarters Mumbai, Maharashtra, India
    Founded 1923
    Industry Manufacturing, Media and Entertainment
    Founders Devendra Kumar Jain, Pavan Jain, Siddharth Jain
    Website inoxgroup.com

    INOX – About and How It Works?
    INOX – Founders and Team
    INOX – Products and Services
    INOX – Mission and Vision
    INOX – Business Model
    INOX – Revenue
    INOX – Merger and Acquisitions
    INOX – Advertisement and Campaigns
    INOX – Awards and Achievements
    INOX – Future Plans

    INOX – About and How It Works?

    INOX group was started by Devendra Kumar Jain when he decided to go beyond the trading business in 1963. INOX is a multi-billion dollar group of many diversifications. The company first started out setting up manufacturing plants for refrigerants, PTFE resin, extracting and selling gases, and now the most popular multiplex chain INOX Leisure.

    Today, the group has three different businesses – INOX Air Products, INOXCVA, and INOX Leisure. The company has been growing ever since its inception and has one of the leading positions in industrial gases, multiplex chains, and cryogenic engineering.

    Inox Group has about 200+ business units all over India with more than 10,000 working individuals. Their distribution network is also spread across 50 different countries.

    INOX – Founders and Team

    Devendra Kumar Jain, Pavan Jain, and Siddharth Jain are the founders of INOX.

    INOX Founders - Devendra Kumar Jain, Pavan Jain, and Siddharth Jain (left to right)
    INOX Founders – Devendra Kumar Jain, Pavan Jain, and Siddharth Jain (left to right)

    Devendra Kumar Jain

    With a net worth of $3 billion, Forbes has listed Devendra Kumar Jain as the 70th rank in the list of India’s Richest People 2021. He graduated as a History (Hons.) student from St. Stephen College, New Delhi. Having over 65 years of experience in business management and international trade, Devendra Kumar Jain first joined the family’s business of paper and newsprint trading business at the age of 18.

    He has been also granted the Dignity of an Honorary Member of the Civil Division in the Order of the British Empire by Her Majesty, the Queen of England. He is also a member of the Indian National Committee of the International Chamber of Commerce and World Economic Forum, Geneva, Switzerland.

    Pavan Jain

    An alumnus of IIT Delhi, Pavan Jain is the Chairman of the INOX group. He has played a significant role in shaping the company’s growth to one of the leading manufacturers of industrial gases. His 45 years of experience have made the INOX group a globally recognised company with diversifications such as Refrigerants Gases, Cryogenic Engineering, and Entertainment.

    Siddharth Jain

    The Director of the INOX group, Siddharth Jain has been actively involved in the family business since 2001. He is a student of Mechanical Engineering and an alumnus of the University of Michigan and holds an MBA degree from INSEAD. Being a member of the World Economic Forum at Davos, Siddharth Jain is also a member of the Young Presidents’ Organisation and the President of the Gas Industries Association of India.

    INOX – Products and Services

    INOX deals in a variety of products and services through its following group companies:

    INOX Air Products (INOXAP)

    The company was established in 1963 in Pune, Maharashtra. The Jain family wished to make the company go global and capitalised upon the rapid industrialisation, which was taking the country by storm. They formed a joint venture with Air Products and Chemicals Inc. USA in 1999 that ultimately created INOX Air Products.

    Today, INOX Air Products is one of the leading manufacturers of industrial and medical gases in India and is proof of one of the longest Indo-American partnerships in the manufacturing sector. Some of the prominent numbers describing INOX Air Products are:

    • Has over 1800+ customers
    • Has served 15+ industries
    • About 560+ fleet size
    • Employs over 1250 people
    • Operates in 45 locations in 17 States
    • Has 4300 cr + Gross Fixed Assets

    INOXCVA

    INOXCVA deals in the manufacturing of standard & engineered cryogenic equipment in India. It has topped its way to becoming the global market leader in the field of insulated cryogenic equipment. With the motto ‘Clean Energy’, INOXCVA has always continued to evolve as the most economical source of green energy. Founded in 1992, the company has been producing a wide range of portfolios of materials and engineering intellectual properties.

    The manufacturing units are set up in Gujarat. The stock, sale, and services are located in Europe, and a repair and rehab facility is located in Brazil.

    INOX Leisure Limited

    With a vision to create a world-class infrastructure with the latest cinema technology, the INOX group entered the entertainment industry, and that is how INOX Leisure was born. The company opened its first four-screen multiplex at the Inorbit Mall Malad, Mumbai. It was the country’s first ScreenX as well as the country’s first screen with MX4D theatre effects.

    There are a total of 164 multiplexes across 73 cities in India with a footprint of over 702 screens. INOX Leisure Ltd. is one of the largest multiplex chains in India with Alok Tandon as the Chief Executive Officer (CEO).

    INOX Wind Limited

    A subsidiary of INOX Group, INOX Wind was formed with a vision to bring a change in the climate and renewable energy. It is headquartered in Noida, India.

    Siddharth Jain is the man behind this formation as his interest was in climate change and having one of the largest Clean Development Mechanisms (CDM). It has three manufacturing plants in Gujarat, Himachal Pradesh, and Madhya Pradesh.

    INOX – Mission and Vision

    The INOX group seeks to strengthen society by offering its CSR focus areas in prioritising health and well-being, empowering through education, strengthening rural communities, and encouraging women empowerment.

    They want to create a platform where they can interact with communities and initiate programs that empower society to be self-sufficient.

    INOX – Business Model

    As mentioned earlier, INOX group has its business operating under four categories, industrial oxygen chemicals, cryogenic engineering, renewable energy, and entertainment. Recently, the group has decided to divide the business handle between Pavan Jain and his younger sibling Vivek Jain.

    The industrial gas and multiplex business of the group is under the leadership of Pavan Jain. INOX Leisure Ltd. operates its business with 702 screens in 73 cities, making it the second-largest cinema player in the country after PVR. The company is said to have a market capitalisation of more than Rs 6,423 crore and is planning to expand its multiplex business to build at least 50 screens every year. Over the next 4-5 years, the company has a pipeline of another 850 screens to launch.

    Presently, their strategic expansion is focused on urban growth in metro cities while prioritising tier 1 cities.

    Vivek Jain is handling the business of INOX Wind, INOX Wind energy. INOX Wind energy operates its business by manufacturing and selling Wind Turbine Generators (WTGs), and also provides Erection Procurement  & Commissioning (EPC) Operations & Maintenance (O&M) Wind Farm Development and Common Infrastructure Facilities services for WTGs. The company has three manufacturing plants at Rohika (Gujarat), Una (Himachal Pradesh), and Barwani (Madhya Pradesh).

    INOX – Revenue

    INOX Leisure Limited Total Income from March 2018 to March 2022
    INOX Leisure Limited Total Income from March 2018 to March 2022

    The INOX group earns its money through its diversified companies. Inox Air Products’ revenue for the fiscal year ended March 2021 climbed 10% to $307 million from a year earlier, while net profit increased 4% to $65 million. INOX Leisure reported revenue worth $88 million in FY22.

    INOX – Merger and Acquisitions

    INOX Leisure Ltd acquired Calcutta Cinema Private Ltd in 2006 by buying over 89 cinema halls.

    INOX has also acquired Satyam Cineplexes Limited by buying 100% equity shares which are valued at Rs 182 crores.

    The company has recently announced that it would be merging with PVR cinemas.

    INOX Air products partnered up with Linde plc to form Belloxy. In 2020, Linde had to give up Belloxy, which gave INOX Air Products 100% ownership.

    In the month of March this year, PVR and INOX Leisure announced a merger deal to create the largest network of multiplex chains with 1,500+ screens in the country and open up more opportunities. The merger has also got clearance from BSE and NSE.


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    INOX – Advertisement and Campaigns

    INOX Group Aayega India Campaign
    INOX Group Aayega India Campaign

    In 2021, INOX Group ran a campaign, ‘Aayega India’ to support the participants at Tokyo 2020 Olympics. The campaign featured Mary Kom, Vikas Krishan Yadav, and Manika Batra to cheer and pay tribute to the Indian team players’ spirit.

    Inox Group was the official sponsor of the Indian Olympic Team and was associated with India Olympics Associations (IOA).

    In 2020, the brand INOX Leisure Ltd. took to social media to run a campaign on Valentine’s Day by asking a question to their audience with #HonourTheCorner. The campaign was launched with the intention to have a fun and interactive session with the audience.

    INOX – Awards and Achievements

    The following are the prominent awards and achievements of INOX:

    • India Retail Forum’s Entertainment Retailer of the Year (2017)
    • Big Cine Expo Awards’ Best Technology Adopter of the Year (2016)
    • INOX Wind ranked at 167th position in Business Today’s list of 500 most valuable companies in India (2015)
    • Emerging Superbrand of the Year (2007)

    INOX – Future Plans

    The INOX Group is deciding to focus more on sourcing renewable energy and green raw materials and building green supply chains. They believe that the need of the hour is climate change and is arguably the hardest-hitting wake-up call for industries, government, and individuals.

    Siddharth Jain says, “It is increasingly important that all family businesses adapt to this reality.”

    They also wish to build strong management teams and strong professional teams so that they can run the operations of these companies with efficiency.

    FAQs

    Who is the founder of INOX?

    Devendra Kumar Jain, Pavan Jain, and Siddharth Jain are the founders of INOX.

    Is INOX better than PVR?

    PVR operates around 871 screens in 73 cities whereas INOX operates around 702 in 73 cities.

    Are PVR and INOX merger?

    INOX and PVR announced their merger deal earlier this year in March. The merger deal has also got clearance from stock exchanges BSE and NSE.

    What will happen to INOX’s shares after the merger?

    After the merger of INOX and PVR, the shareholders of INOX will get 3 shares in PVR for every 10 shares of INOX.

    Is INOX Air Products listed on NSE?

    No, INOX Air Products is not listed on NSE.