We were first in the firing line,” says Ajay Bijli, chairman and MD of PVR, on being among the early establishments to be closed after the COVID-19 lockdown. The gloom in the multiplex business is thick. “This is not like a quarter on quarter situation where your occupancies dip by 5-10% and you start wondering what you will do. We are talking of revenue coming down to zero,” he says. The country’s largest multiplex operator had to shut down 845 screens across 22 states.
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COVID-19| Lockdown| Ajay Bijli| PVR Cinemas| Praveen Khandelwal| Confederation of All India Traders| Rajiv Chawla| IamSMEofIndia| Pankaj Arora| Raheja QBE General Insurance| Amit Burman| Dabur| Lite Bite Foods| Riyaaz Amlani| Impresario Handmade Restaurants| Patu Keswani| Lemon Tree Hotels| RC Bhargava| Maruti Suzuki| Ashish Kale| Vikram Kirloskar| Kirloskar| Pinakiranjan Mishra| Sandeep Kataria| Bata| Embassy Group| Jitu Virwani| Siddharth Menda| CoWrks| Gurbaxish Singh Kohli