Indian exhibitor Pyramid Saimira is set to produce 52 films this year, via its production label Pyramid Saimira Production International, including ten Tamil-language films with an investment of $10m (Rs400m).

Ten Tamil film producers will create these films on behalf of the company. This follows the completion of six films in various Indian languages, with another seven currently under production. Besides filmmaking, the company is also producing content for television.

Pyramid Saimira Group managing director PS Saminathan said: 'Pyramid Saimira believes in scale and speed of execution. Production business, however, requires a much higher level of creativity compared to other segments like exhibition and distribution.'

The group's distribution plans include distributing 200 films a year, including its own productions. In the exhibition space, plans are to operate 2,000 screens in India with others abroad by 2010.

The Pyramid Saimira Group has a presence in six countries (India, China, Malaysia, Singapore, the UK and the US) and is one of Asia's largest entertainment groups with business interests in film production, TV content production, film distribution and exhibition.