PVR awarded the 'Most Admired Retailer of the Year' 2012

The 2012 edition of India Retail Forum, a grand corporate affair organised by IMAGES Group at The Renaissance hotel in Mumbai, culminated recently with the announcement of IMAGES Retail Awards – the most eagerly awaited awards of the modern retail industry in India. While a number of retailers emerged winners in different categories, PVR was awarded Most Admired Retailer of the Year: Entertainment Services. The other cinemas nominated in the same category were Big Cinemas, INOX, PVR, Fun Multiplex, Cinemax, and Fame Cinemas.

 

The eminent jury for the prestigious award included Abheek Singhi from BCG, Abhishek Malhotra from Booz & Co, Anil Rajpal from TCS, Anuj Puri from JLL, Ashwin Puri from Property Zone, Harshvardhan Neotia from Ambuja Realty, Kishore Bhatija from Inorbit Malls, Ramesh Sanka from DLF Ltd, S Raghunandan from Prestige Group, Sushil Mantri from Mantri Square and Amitabh Taneja, Chief Convenor, India Retail Forum. PVR won the award for its Total Annual Sales turnover growth by 23 % in 2012, including 15% growth in Retail Outlets and 35% growth in Retail Space.

 

On receiving the award Pramod Arora, Group President, PVR Ltd said “It’s an extremely proud moment for us to win the IRF Most Admired Retailer of the Year: Entertainment Services for the fourth consecutive time. It has been always our constant endeavour to provide the best & premium experience to the masses. Therefore, we at PVR, aims to provide unique and innovative products to our valuable patrons, which includes recently launched PVR Director’s Cut- ultimate luxury experience, PVR bluO - premium leisure and entertainment destination, etc.  We further plan to grow aggressively in our exhibition and distribution business and have clear expansion plans for our bowling venture bluO. In terms of expanding our multiplex property we are planning to open 71 screens across India in the coming year. We are thrilled to receive the award as such appreciation motivates and encourages us to work towards a much better cinema viewing experience for our audiences. I express my gratitude to India Retail Forum for appreciating our work and efforts”.

 

PVR is one of the largest growing entertainment companies in India with 197 screens in 44 cinemas in 13 states & 27 cities across India. PVR is planning to expand its property in various cities across India including Vijaywada, Bhopal, Pune, Mysore, Bhilai, Bangalore, Panipat, Mumbai, Kolkata, Cochin and Pathankot with a total of 71 screens and PVR bluO across cities like Pune, Chandigarh and Bangalore. PVR Ltd is fast expanding its vision into various sectors and will certainly revolutionize the concept of entertainment in India.