MUMBAI: PVR Cinemas is in plans to invest Rs 1.6 billion to scale up its screen and bowling alley network in the country.

Said PVR Blu-O Director Pramod Arora, "We plan to invest Rs 1000 million to add 60 more screens by the end of this fiscal and open five bowling alleys in the next calendar year."

The balance 600 million would be invested in setting up the five bowling alleys in Delhi, Mumbai and Pune. The company also plans to set up 60 new alleys across the country over the next two-and-a-half-years.

"These new alleys will come up in Bangalore, Chennai, Mumbai, Delhi-NCR and Cochin," Arora added. Presently, Blu-O has a 24-lane bowling alley at Gurgaon in NCR, which has posted a revenue of Rs 150 million, Arora said.

Currently, the company runs 108 screens nationwide. PVR earned a Rs 270 crore revenue in FY 09 thus projecting a 40 per cent growth this fiscal from its cinemas.

From its bowling alley segment alone, PVR expects a 100 per cent growth this fiscal and a whopping 500 per cent growth next financial year.