Care Ratings: Maharashtra Allows Reopening Of Cinemas
A worker sanitizes a film theater in the PVR Icon cinema at the DLF Promenade Mall in New Delhi, India (Photographer Anindito Mukherjee/Bloomberg)

Care Ratings: Maharashtra Allows Reopening Of Cinemas

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BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Care Rating Research Report

The Maharashtra government has finally given nod to reopen cinemas today after nearly eight months. The state is important for the industry as it contributes nearly 20% of the box office revenues.

Hence, it brings a sigh of relief to not only the film exhibitors but other stakeholders like movie producers, distributors, actors, junior artists, etc.

The film entertainment is a labour-intensive industry and hence, the lockdowns affected employment levels in the industry up to a large extent.

Click on the attachment to read the full report:

Care Ratings Maharashtra allows reopening of cinemas 051120.pdf

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