In its hope to target Hollywood with cheaper labour
and studio rentals in India, Annapurna Studios has added
five state-of-the-art studios with an investment of
Rs 1 billion.
Situated in an area measuring 10,00,000 square feet,
this is one of Asia's most modern studios, offering
Studios managing director and popular Telugu actor Akkineni
Nagarjuna said that the air conditioned studios with
integrated facilities were on par with international
standards. "We hope to attract Hollywood. We are
already getting some inquiries," he averred.
said that Annapurna Studios would first target Bollywood,
adding that very few studios in Mumbai had the kind
of facilities which his studio offers.
Studios, founded by his father and legendary actor
Akkineni Nageswara Rao three decades ago, will throw
open the new facility in a week. Nagarjuna expects
a turnover of between Rs. 45 to
Rs. 50 crore by the end of 2013 from the new facility.
year, the studio opened a film and media school that
has so far trained 100 students in different fields
of film, television and media.