MUMBAI: Soon after signing production and co-production deals in Bollywood, The Indian Film Company is now planning to foray into regional cinema.
 
Speaking exclusively to Businessofcinema.com, Studio 18 CEO Sandeep Bhargava says, “In the year 2008, we are planning to venture into regional cinema. This will be restricted primarily to Tamil and Telugu movies. These movies are fairly big in their own spaces.”
 
Bhargava further adds, “We are in talks with people but nothing has been signed and confirmed as yet.”
 
The Indian Film Company is a six month old parent company of the one and a half year old subsidiary company Studio 18. The Indian Film Company recently acquired and distributed Jab We Met and Welcome.
 
Over the last few months companies like UTV Motion Pictures and Moser Baer have evinced keen interest in the Tamil and Telugu film space. Anil Ambani owned Reliance Entertainment will also embarked into the Indian movie business with Bollywood and regional films in Tamil, Telegu and Bengali languages.