Suresh Babu welcomes Ajay Devgn Studio in Hyd. Bollywood actor Ajay Devgn recently met Telangana CM Revanth Reddy and expressed his desire to come up with a film studio in Hyderabad.
Now, star producer Suresh Babu,who owns Ramanaidu Studios in Hyderabad speaking to scribes shared “We welcome Ajay Devgn, along with other Bollywood and Kollywood stars, to Hyderabad to set up film studios. They will bring their establishments and teams, creating more job opportunities for local workers and technicians,”
On whether Ajay Devgn's studio becoming his competitor, he said “Not at all, because there is enough space for everyone in Hyderabad, which is expanding massively. Of course, we may lose one or two films, but our larger vision is for Hyderabad to become the undisputed film capital of India. I wish to see more state-of-the-art studios here, since Hyderabad is peaceful and the weather is conducive for shooting. Besides, the lifestyle and logistics demanded by superstars are very much available,”
Suresh Babu shared “I do agree that many films have moved to real locations, so traditional movie shooting isn’t fetching big returns. Instead, we’re relying on other forms of content production — TV serials, OTT projects, and reality shows — which help keep our studios busy and generate some revenue,”
He added “We already have advanced facilities, including virtual production and AI technologies, but there’s always room to upgrade and stay competitive with studios from other states,”
About the challenges in the industry,he said “Studio owners are somehow managing, but it’s the producers who are suffering due to numerous flops and declining footfalls in theatres. Actors and technicians are still thriving, but theatre owners are also struggling with mounting losses. A more balanced and flexible ticket pricing system could help theatres recover and bring some stability to the industry.”