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I&B ministry plans to set up mega Hollywood-like movie production studio
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The ministry of information and broadcasting is working on a proposal to set up a mega movie production studio — akin to those in Hollywood — with an investment of Rs 10,000 crore, which will be supported by the government.
The proposal is primarily aimed at generating over 1 million additional jobs in the movie and entertainment industry.
Of this, at least 500,000 jobs could be high-quality ones with salaries over Rs 50,000 to Rs 3 lakh a month.
It will also help in making India a global hub for post production of movies across the world. ABP LIVE