Bodhitree Multimedia Ltd signs ₹500 Crore MoU with Government of Assam to launch Global Media Hub in Guwahati

Bodhitree Multimedia Limited has signed a Memorandum of Understanding (MoU) of ₹500 Crore with the Government of Assam on 26th February 2025 to establish a Global Media, and Cultural Hub in Guwahati. This strategic partnership will transform Guwahati into a vital centre for film, television, and cultural activities, significantly enhancing Assam's global profile.

The upcoming hub is set to drive economic growth, create jobs, and boost tourism. Bodhitree Multimedia is committed to strengthening India's position as a global production hub, with this project marking its second major production facility in the country. The ₹500 crore MoU will further enhance the company's, empowering it to contribute more effectively to the country's growth in the entertainment and media sector. The planned facilities include a cutting-edge Media City, a luxury seven-star wellness resort, and an immersive India Pavilion to showcase the country's cultural diversity. These world-class amenities will cater to the growing demand for global media and entertainment infrastructure, positioning Assam as a leading destination for both leisure and business travellers.

Talking about the partnership, Mautik Tolia, Managing Director of Bodhitree Multimedia Limited, stated, "We are proud to partner with the Government of Assam to establish a worldclass ecosystem that will position Assam as a global hub for media, sports, and wellness. This initiative is designed to attract international studios with state-of-the-art facilities, significantly boosting entertainment tourism in the region. Our shared vision with the Government of Assam focuses on creating a vibrant environment that fosters creativity, innovation, and economic growth. We appreciate the Government of Assam's commitment to this transformative project, which will not only enhance the region's appeal but also create lasting opportunities for local communities."

Bodhitree Multimedia is focused on partnering with the Government of Assam to ensure the successful development of the initiative. The project is part of a broader initiative to establish India as a global production hub. Similar projects are planned across the country. A MoU with the Government of Assam will help pave the way for this transformative journey, fostering collaboration and innovation in the region.

Shares of Bodhi Tree Multimedia Limited was last trading in BSE at Rs. 0.92 as compared to the previous close of Rs. 0.93. The total number of shares traded during the day was 19090 in over 60 trades.

The stock hit an intraday high of Rs. 0.93 and intraday low of 0.92. The net turnover during the day was Rs. 17616.00.

Source : Equity Bulls

Keywords

BodhiTreeMultimedia DigitalEntertainment INE0EEJ01015 MoU INR500Crore AssamGovernment