Kids
Toonz Animation inks MoU with Kinfra to acquire 6 acres
MUMBAI: Animation studio, Toonz Animation India has signed a Memorandum of Understanding with Kinfra to acquire 6 acres of land. The MoU was signed between, Toonz Animation CEO P. Jayakumar and Kinfra managing director A.S. Suresh Babu, at a function organised in connection with the Ficci seminar on animation, gaming and visual effects. |
The Kinfra Film and Video Park, which expands to 75 acres, will accommodate the animation and gaming SEZ, which will spread out to 25 acres, informs an official release. Minister of Industries, Elamaram Kareem, who was present at the venue, remarked that the best motivation for potential investors is to witness success stories. “Let me take one such case – Toonz Animation India is an achievement that Kerala is proud to showcase. It is indeed surprising that one of India‘s leading animation studios is based out of the south-western corner of the country and not in any of the big metro cities”, he added. While signing the MoU, Jayakumar expressed his excitement at moving into the company‘s own campus at Kinfra said that they would completely relocate themselves with in a year. “We are indeed happy at the prospect of expanding ourselves and moving into a new campus. The new campus would house both the Animation studio and the Academy Division of Toonz. The added attraction would be the new Gaming division of the company which is slated to hit the scene soon.” Ficci Kerala State Council chairman and The Muthoot Group chairman MG George Muthoot and Ficci adviser Krishnan Kalra were also present at the occasion |
Kids
Mukta Arts and Green Gold ink MOU to animate iconic film IPs
Kalicharan, Karz, Hero, Karma, Ram Lakhan to spawn animated shows plus features.
MUMBAI: When classic hindi movie meets animation, the result is a fresh reel of nostalgia with a cartoon twist. Mukta Arts Ltd. and Green Gold Animation have signed a Memorandum of Understanding (MOU) to collaborate on animated shows and feature films drawn from Mukta Arts’ four-decade treasure trove of iconic IPs. The partnership taps Mukta’s SGM Animation Studio launched in 2025 as its dedicated animation and games arm and Green Gold’s proven track record in building scalable, homegrown franchises. Creative teams from both sides have already kicked off discussions, with the first project currently in development.
The slate will draw inspiration from landmark Mukta films including Kalicharan, Karz, Hero, Karma, Ram Lakhan, Khalnayak, Saudagar and Iqbal, plus character-led spin-offs from those universes. The aim is to reimagine these stories for today’s young, global audiences while preserving their emotional core.
Green Gold Animation (home of Chhota Bheem) founder and CEO Rajiv Chilaka said, “This partnership with SGM Studios allows us to apply our experience in building long-lasting animation IPs to a truly iconic film catalogue. Together, we aim to create animated worlds that are rooted in these legendary stories, yet designed to connect with today’s young, global audiences.”
Mukta Arts Ltd. filmmaker and founder Subhash Ghai added, “Mukta Arts has always believed in creating stories with lasting emotional value. Through animation, we are extending our IP into a new medium for the next generation.”
In an industry where timeless tales never go out of fashion, this collaboration promises to bring beloved characters back to life with a modern, animated glow proving that some stories are too good to stay in live-action. Stay tuned for the first animated frame to drop.
