What is the full form of PVR ?

Answer:

Pvr Definition: PVR Full Form: Priya Village Roadshow

Pvr Description:
The meaning or full form of the acronym PVR is the Priya Village Roadshow, which is related to entertainment and cinemas.
The Priya Village Roadshow is a company of movie cinemas in India.
PVR works as a film entertainment company, and Priya Village Roadshow began the company as a joint venture. This joint venture agreement of Priya Village Roadshow was between Village roadshow limited and Priya exhibitors’ private limited.
This joint venture happened in 1995 and the business investment ratio of this joint venture Priya Village Roadshow was 60:40.
Priya Village Roadshow started its commercial operations in June 1997. Ajay Bijli was the founder of Priya Village Roadshow.
Currently, Ajay Bijli is also the managing director and chairman of Priya Village Roadshow cinemas.
Apart from this, Sanjeev Bijli, the brother of Ajay Bijli works as the joint managing director of the company Priya Village Roadshow Limited.
A pro-active CSR wing is also being operated under PVR by the Priya Village Roadshow Limited Company.
In Forum Mall of Bengaluru,, the first-ever Priya Village Roadshow (PVR) gold screen was introduced.
Before the advent of PVR, the cinema hall in India was a separate complex, where people only went to watch the cinema.
But PVR changed this trend and started a new and better trend of setting up cinema halls in shopping malls as well.
By which people can also do their shopping inside the same mall and can also enjoy their favourite cinema.
PVR has more than 1600 employees working across India.
The name of the company Priya Village Roadshow Cinemas was named after the name of Priya Cinema.
This cinema was located in South Delhi which was bought by the father of Ajay Bijli.
Ajay Bijli’s father bought Priya Cinema in 1978.However,, the cinema Priya Cinema was named after the name Priya Jaisighani.
Later the success of Priya Cinema was led to the foundation of Priya Village Roadshow Cinemas.
Priya Village Roadshow got an investment of 40 crores from the ICICI ventures in 2003.
It was the time when Priya Village Roadshow pulled out their partnership in the business.
Priya Village Roadshow had a subsidiary named Cine Hospitality Private Limited.
This company Cine Hospitality Private limited bought the Cinemax cinema chain. This cinema chain Cinemax was sold by the Kanakia group in 2012.
This acquisition of Cinemax by the Cine Hospitality private limited made the Priya Village Roadshow the biggest cinema chain in India.
Later in May 2016 the Priya Village Roadshow cinemas also bought DLF group.