When movie exhibition company PVR gobbled up rival Cinemax in 2012 to catapult itself to the top slot among multiplex chains in India, it was an important step by the Ajay Bijli-owned company to ensure it got enough size and scale to make itself a formidable player. Two years on, PVR has chalked out an ambitious expansion plan which includes reaching 1,000 screens by 2018, from 454 now. The PVR story has been one of entrepreneurship and growth, with the Cinemax deal providing the icing on the cake.
(This story appears in the 31 October, 2014 issue of Forbes India. To visit our Archives, click here.)