Steven Spielberg's Dreamworks keen to expand production facilities in Hyderabad
Hollywood studio Dreamworks Animation has evinced interest in partnering the Telangana government for expanding its production facilities in the state, an official statement said.
States IT and Industries minister KT Rama Rao, who is currently in the US seeking investments met Dreamworks CEO Jeffrey Katzenberg, the statement said.
"Dreamworks is looking for expanding their production facilities in India and sought partnership with Telangana state government for their long term plans. Minister K T Rama Rao has extended full support and cooperation in their endeavours," it added.
Further, it said that the minister 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 ace film maker Steven Spielberg, is also looking at creating high-end theatre ecosystem to promote their movies and has asked the Telangana government to create "conducive" environment, it said.
Dreamworks has plans to cater to Indian market and believe that Hyderabad is ideal location, given its talent pool and vibrant film industry, it further said.
Dreamworks and Telangana Government also agreed to collaborate to create Dreamplay, a small-scale theme centre, which can become a tourist attraction for the city of Hyderabad.
K T Rama Rao also visited La Kretz Innovation Campus in Los Angeles today to understand the functioning of Los Angeles Clean Tech Incubator (LACI), it added.