Hollywood studio Dreamworks Animation has evinced interest in partnering the Telangana government for expanding its production facilities in the state.
State's IT and Industries minister KT Rama Rao, who is currently in the U.S. seeking investments met Dreamworks CEO Jeffrey Katzenberg. Dreamworks is looking for expanding their production facilities in India and has sought partnership with Telangana state government for their long-term plans. Minister KT Rama Rao has extended full support and cooperation in their endeavors. The minister also described the attributes of upcoming film city in Hyderabad, which would be an ideal location for the future production facility of Dreamworks.
Dreamworks, co-founded by film maker Steven Spielberg, is also looking at creating a high-end theater ecosystem to promote their movies and has asked the Telangana government to create conducive environment. The company has plans to cater to Indian market and believes that Hyderabad is an ideal location, given its talent pool and vibrant film industry.
Dreamworks and Telangana government have also agreed to collaborate to create Dreamplay, a small-scale theme center, which can become a tourist attraction for the city of Hyderabad.