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Eros has Rs 10 bn capex plan

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MUMBAI: Eros International Media has an investment plan of Rs 10 billion over two years as it has firmed up a pipeline of 50 movies.


The slate, wide enough to make it India’s top movie studio, will include a mix of own productions, co-productions and acquisitions.


“We have a capex plan of Rs 9-10 billion spread over 18-24 months. The investment will be made through internal accruals. We have a pipeline of 50 movies, out of which 30 are already listed out and announced,” says Eros Group India chief financial officer Kamal Jain.


Eros’ top priority will be Bollywood, making up 80 per cent of the roster. The studio will also make regional language movies, including Tamil, Telugu, Marathi and Bengali.


The list includes Shah Rukh Khan‘s Ra.One, Hrithik Roshan‘s Zindagi Na Milegi Dobara, Ranbir Kapoor‘s Rockstar, Akshay Kumar, John Abraham, Deepika Padukone starrer Desi Boyz, Shahid Kapoor‘s Mausam, Roshan Abbas‘ directorial debut Always Kabhie Kabhie, Prasanth Shah‘s Chalo Dilli, Saif Ali Khan – Kareena Kapoor starrer Agent Vinod and Irffan Khan‘s Bangkok Blues.


As part of the de-risked strategy, Eros will co-produce 60 per cent of the movie slate. “We will entirely produce just 10 per cent of the slate. The remaining 30 per cent will be through acquisitions. This strategy also allows us to scale up,” says Jain.


Eros was involved in 290 film projects over the last three years. “We have a portfolio approach. The wide range of movies allows us to be de-risked. About 40 per cent of the revenues come from the India box office collections and 25 per cent through satellite TV telecast rights sales. While 30 per cent is from overseas (via deal with Eros International Plc), five per cent is through ancillary streams,” says Jain.


Eros has locked in Rs 2.4 billion from television and music syndication deals. This includes Rs 1 billion sold as TV telecast rights to Star India and Rs 640 million to Zee.


“We have a strong slate for two years, 80 per cent of which we have pre-sold as TV and music syndication rights. This is part of the Rs 2.4 billion value,” says Jain.


Eros has a catalogue of 1000 movies, 50 per cent of which is Hindi content. “We are in a relatively secure position because of our catalogue strength. We get 15-20 per cent of our revenues from catalogue exploitation. This delivers us attractive margins,” says Jain.


The pure play movie company believes in entirely pre-selling the telecast and music rights. “We resist all temptations and as a strategy do not hold on to these rights. We de-risk ourselves as much as we can,” says Jain.


Eros posted a consolidated revenue of Rs 6.5 billion in FY’10, the highest reported by an Indian movie company. Is there scope for a top line scale-up? “We are not driven by top line. We are profit-focussed. The catalogue revenue, for instance, contributes straight to the bottom line,” says Jain.
 

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Singing Better, Writing Deeper, Living Kinder: The Heart of Navjot Ahuja’s Journey

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In a music industry that often rewards speed, spectacle, and instant recall, Navjot Ahuja’s journey feels refreshingly different. His story is not built on noise. It is built on patience, discipline, emotional honesty, and a quiet commitment to becoming better with every passing year. After 14 years of struggle, learning, performing, and writing, Navjot stands today as an artist whose success has not changed his centre. If anything, it has only made his purpose clearer.

For Navjot, music has never been about chasing fame alone. It has always been about expression. It is about writing more truthfully, singing more skillfully, understanding himself more deeply, and becoming a kinder human being in the process. That rare clarity is what gives his journey its beauty.

Where It All Began: A Writer Before a Singer

Indian singer and songwriter Navjot Ahuja’s musical journey began in the most familiar of places: school assemblies. But even then, what was growing inside him was not only the desire to sing. It was the need to write.

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Long before he saw himself as a performer, he had already discovered the emotional release that writing offered him. For Navjot, words became the first true channel for feeling. Songwriting came before singing because writing was the only way he could let emotions flow through him fully. That inner pull shaped his artistic identity early on.

Like many young musicians, he sharpened his craft by creating renditions of popular songs.

Those experiments became his training ground. But the turning point came in 2012, when he wrote his first original song. That moment did not just mark the beginning of songwriting. It marked the beginning of self-definition.

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A Calling He Did Not Chase, But Accepted

What makes the latest Indian singer-songwriter Navjot’s story especially compelling is the way he describes his relationship with music. He does not frame it as a career he aggressively pursued. In his own understanding, music was not something he chose. It was something that chose him.

There was a time when he imagined a very different future for himself. He wanted to become a successful engineer, like many young people shaped by ambition and conventional expectations. But life had a different script waiting for him. During his college years, around 2021, music entered his life professionally and began taking a firmer shape.

That shift was not driven by image-building or industry ambition. It came from acceptance. Navjot embraced the fact that music had claimed him in a way no other path could. That sense of surrender continues to define the artist he is today.

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An Artist Guided by Instinct, Not Influence

Unlike many singers who speak openly about idols, icons, and musical role models, Navjot’s creative world is built differently. He does not believe his music comes from imitation or inherited influence. He listens inward.

He has never considered himself shaped by ideals in the traditional sense. In fact, he admits that he does not particularly enjoy listening to songs, especially his own. His decisions as a songwriter and singer come from instinct. He writes what feels right. He trusts what his inner voice tells him. He positions his music according to what he honestly believes in, not what trends demand.

That creative independence gives his work a distinct emotional sincerity. His songs do not feel calculated. They feel alive.

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The Long Years of Invisible Struggle

Every artist carries a chapter of struggle, and Navjot’s was long, demanding, and deeply formative. One of the biggest challenges he faced was building continuity as the best new indian singer songwriter in an era where musical collaboration is increasingly fluid.

For emerging singers, especially those trying to build with a band, consistency can be difficult. Instrumentalists today have more opportunities than ever to freelance and perform with multiple artists. While that growth is positive and well deserved, it can make things harder for singers who are still trying to establish a steady team and sound around their work.

For Navjot, one of the most difficult phases came during 2021 and 2022, when he was doing club shows almost every day. It was a period of relentless performance, but not always personal fulfillment. He was largely singing covers because clubs were not open to original songs that audiences did not yet know.

For a new Indian singer and songwriter, that can be a painful compromise. To perform constantly and still not have the freedom to share your own voice requires not just resilience, but restraint.

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“Khat” and the Grace of Staying Unchanged

After 14 years of effort, Navjot’s new love song Khat became a defining milestone. Professionally, he acknowledges that the song changed how society viewed him as a musician. It strengthened his place in the public eye and altered his standing in meaningful ways.

Yet personally, he remains unchanged.

That is perhaps the most striking part of his story. Navjot says his routine is still the same. His calm is still the same. His writing process is still the same. He does not want success or failure to interfere with the purity of his art. For him, emotional detachment from public outcomes is essential because the moment an artist becomes too attached to validation, the writing begins to shift.

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His joy comes not from numbers, but from the attempt. If he has tried to improve his skill today, if he has written his heart out more honestly than before, then he is at peace.

Growth, Not Glory, Remains the Real Goal

Even now, Navjot is not consumed by labels such as singles artist, performer, or digital success story. His focus remains deeply personal. He wants to sing better. He wants to play instruments better. He wants to understand himself more. And he wants to become a kinder person.

That is what makes Navjot Ahuja’s journey so moving. It is not simply the story of a musician finding recognition. It is the story of an artist who continues to grow inward, even as the world begins to look outward at him. In an age obsessed with applause, Navjot reminds us that the most meaningful success often begins in silence, honesty, and the courage to remain true to oneself.

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