From indications, it appears the studio and the Telangana government have agreed to collaborate on the project at a meeting in Los Angeles between the CEO Jeffrey Katzenberg and IT minister KT Rama Rao.
This has been reported in timesofindia.indiatimes.com dated 29 May 2016.
Dreamworks wants to expand its production facilities in India and would like to have a partnership with the Telangana government. The studio is also looking at creating a high-end theater ecosystem to promote their movies and would like the government to help out in creating a conducive environment.
Dreamworks also has plans to cater to the Indian market and is of the opinion that Hyderabad is an ideal location for its operations because of its talent pool and vibrant film industry.
Image courtesy wikimediacommons.org
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