In a remarkable achievement, Indywood, a platform to unite stakeholders in Indian film industry under one roof, has attracted Rs 1000 crore investment from NRI billionaire BR Shetty. Indywood Founder Director Sohan Roy played a significant role in drawing BR Shetty’s attention to Film Industry for making this magnum opus project which will be directed by renowned ad film maker VA Shrikumar Menon.
BR Shetty, Executive Vice-Chairman and CEO of Abu Dhabi-based NMC Group will pump the money to produce Mahabharata movie, an adaptation of renowned Indian writer MT Vasudevan Nair’s Jnanpeeth award winning novel “Randamoozham” (The Second Turn). The movie will be produced in two parts and is scheduled to go on floors by September 2018 and will be released in early 2020.
Indywood, a USD 10 billion project, which aims at elevating Indian film industry to a global platform in the next five years, is promoted by a consortium of 2000 Indian Corporates and Billionaires. As the special guest of the last Indywood Film Carnival at Ramoji Film City BR Shetty had announced his willingness to invest in Indian Film Industry.
“The initiative taken by Shetty to make this Mega Project shall surely give more confidence to the potential investors in Indywood consortium on making similar International Projects which can change the destiny of Indian Film Industry for sure,” said Sohan Roy who’s co-directing a Indo-Hollywood movie titled Burning Wells based on Kuwait war along with veteran Malayalam director I.V. Sasi as the first production venture of Project Indywood.