Prime Focus to speculate ₹3,000 crore for 200-acre ‘movie metropolis’ in Mumbai

The group plans to speculate ₹3000 crore on this undertaking, with an goal of making 1000’s of expert jobs and attracting vacationers and content material creators from around the globe.

The announcement was met with enthusiasm from Maharashtra Chief Minister Devendra Fadnavis, who framed the initiative as a part of the state’s broader infrastructure push. “Development, infrastructure growth, and a sustainable future are all very important,” he mentioned, including the undertaking would complement present mega-developments just like the Mumbai-Ahmedabad bullet practice and Vadhvan Port.

“Development, infrastructure growth, and a sustainable future are all very important to the event of Maharashtra. As we proceed to paved the way in large infrastructure tasks — together with the Mumbai-Ahmedabad bullet practice, the coastal street, and the Vadhvan Port — I’m glad so as to add the creation of this next-generation leisure hub to the record of tasks which are reworking our state, conserving us on the forefront of India’s progress and growth,” he mentioned.

CM added, “I look ahead to working with Prime Focus and DNEG to create a world-class manufacturing and tourism vacation spot, securing Mumbai’s place as a filmmaking and leisure centre of excellence.”

The brand new hub will embody:

• Excessive-tech manufacturing studios with sturdy digital infrastructure for top-quality content material creation

• Stay leisure venues, theme parks, and interactive expertise centres

• Way of life and leisure areas equivalent to procuring areas, eating places, inns, and residential areas

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Prime Focus, based in 1997 by Namit Malhotra, is the father or mother firm of a number of prime companies together with DNEG (which has received eight Oscars for visible results), the AI tech firm BRAHMA, and Prime Focus Studios, which handles manufacturing and financing. The corporate already owns considered one of Asia’s greatest studio areas in Mumbai, with eight Hollywood-style soundstages and top-level post-production services.

The proposed hub is nothing if not bold: a next-generation house boasting high-tech manufacturing studios, dwell leisure venues, interactive expertise centres, and a variety of leisure choices together with eating places, inns, and residential models. In essence, a self-contained leisure metropolis inside Mumbai – India’s movie capital and long-standing residence to the Bollywood machine.

Malhotra forged the event as a patriotic and strategic undertaking. “We’re not simply creating the world’s foremost content material creation centre; we’re making a vacation spot that presents India’s tradition, our historical past, and our capabilities to the world,” he mentioned. His remarks had been steeped in legacy discuss — honoring greater than a century of Indian cinema whereas pitching the enterprise as a mannequin of innovation and gentle energy.

If all goes to plan, the positioning may turn out to be a magnet for content material creators, tech innovators, vacationers, and world traders.

The undertaking is anticipated to start quickly and can play an enormous position in making Mumbai a worldwide hub for media, leisure, and tourism.