Billionaire aims to make US$1 billion from Indian film epic

Billionaire aims to make US$1 billion from Indian film epic

The two-part movie, to run six hours, will be produced at a cost of US$150 million, making it the most expensive Indian film.

mahabharata
ABU DHABI:
UAE-based Indian billionaire BR Shetty, who has interests in healthcare and finance, said on Sunday that he expects to make US$1 billion (RM4.26 billion) in revenue from his first foray into the film-making business.

It will be an adaptation of the epic Sanskrit poem the Mahabharata.

Shetty, joint non-executive chairman of London-listed NMC Health, announced in April he was investing US$150 million (RM640 million) in the film franchise, which is set to be India’s most expensive
film.

Shetty, who is producer of the project and VA Shrikumar Menon, the director, on Sunday spoke with reporters about their plans, which will involve two films of just under six hours in
total.

The films will have three different language versions – Malayalam, English and Hindi.

The Mahabharata, about 1.8 million words long, is a story about a power struggle between two branches of a family in ancient India.

Shetty told reporters the revenue from the first film was expected to be around US$1 billion.

The film will be made partly in Abu Dhabi and other locations, including potentially Sri Lanka and India, which are still to be confirmed.

More details about the cast and crew will be disclosed within 100 days, Menon said.

Filming will start in May 2018, with the first film’s release slated for 2020 and the second film around 100 days later, he said.

Shetty’s founded NMC Health in 1975, which has become the UAE’s largest private healthcare provider.

After stepping down as chief executive in March, he is now joint non-executive
chairman.

He is also chairman of UAE Exchange, the largest remittance and foreign exchange business in the UAE.

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