In a remarkable achievement, Indywood, a platform to unite stakeholders in Indian Film Industry under one roof, witnessed the proud launch of another big budget movie. This time Indywood attracted Sri Thenandal Films, one of the leading film production companies in India, to produce Rs 250 crore Sangamithra, a multilingual historic movie. The movie starring Jayam Ravi, Shruti Haasan and Arya was officially launched at Cannes on Thursday in front of an elite crowd of over 1000 film industry legends from more than 100 countries along with the Cast and Crew of Sangamithra.
Indywood, a 10 billion USD 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 billionaires and corporates to invest Rs 70,000 crore in Indian Film Industry. Leading NRI entrepreneur Sohan Roy (www.sohanroy.com), Chairman and CEO of UAE-based Aries Group, is the Founder Director of Project Indywood.
The key officials of Tamil Nadu based Sri Thenandal Films had attended Indywood Film Carnival 2016 held at Ramoji Film City, Hyderabad, India.
“The initiative taken by Indywood to capture Global Market through its upcoming 10000 screen release network boosted our confidence to make this mega project. We believe that through the International platform created by Indywood Mega projects like Sangamithra which will change the destiny of Indian film industry can be planned and executed confidently,” said Mr.Ravi Kottarakkara, an official of Sri Thenandal Films.
Indywood, earlier, had attracted Rs 1000 crore investment to Indian Film Industry from UAE-based billionaire BR Shetty to produce magnum opus project titled Mahabharata. As the special guest of Indywood Film Carnival 2016, BR Shetty had announced his willingness to invest in Indian Film Industry.
“Sangamithra is our prestigious project. We are excited to make a period film dedicated to Tamil, the oldest language in the world. It will be made in Tamil, Telugu and will be dubbed in Hindi,” said an official of Sri Thenandal Films. Double Oscar-winning AR Rahman has been roped in to compose music.
Indywood TV launched
Meanwhile Indywood TV, flagship venture of Indywood (www.indywood.co.in), was launched at Cannes Film Festival. The launch was performed by renowned celebrities from Indo-French Film Industries. Indywood TV is the only Indian channel which got Red Carpet entry in Cannes Festival.
“Getting an opportunity to attend Cannes Film Festival itself is a privilege and recognition. Here we have launched our channel officially, we are elated,” said Sohan Roy.
Top officials of Indywood TV – Satheesh Chandran, Director, Aries Group, Mukesh Nair, Media Head, Aries Group and Sinseer M, Chief Business Officer, Indywood Film Carnival were present on the occasion.
“Indywood TV is positioned as 24/7 entertainment channel in English language with special focus on movie centric programs and shows. Indywood TV will be the only project oriented channel in India which exclusively covers all areas in film industry in single platform with a vision of integrating the whole Indian Film Industry. Now onwards every Indian film lover across the globe will be able to see the daily happening behind every movie from various languages on a daily basis as fresh and spicy. Besides, will encourage youngsters maximum to showcase their talent,” he said.
Our aim is to build 10,000 new 4K projection multiplex screens, 1,00,000 Atmos 4K/2K projection home cinemas, film studios, animation/VFX studiosand film schools conforming to international standards as part of revamping Indian Film Industry added Sohan Roy.