Monday, January 29, 2007

Madam Tussaud Coming to India

Madam Tussauds wax museum is renowned in the world and every year millions of people visit this wax museum of world stars. Now the Tussauds group is going to take such an initiative in Mumbai, Dubai, Hollywood and Washington DC. India PRwire reported:

The group, owned by the Middle Eastern investment firm Dubai international capital, sees overseas expansion as a key source of growth, reports Sheeraz Hasan.

"Last year it opened in Shanghai and is planning other attractions around the world, including in Mumbai and Dubai," reports Sheeraz.

Its attraction in the US capital is scheduled to open this autumn on the site of Woody`s, an old department store. The Hollywood`s branch of Madame Tussauds will follow next year.

It is being built on a Brownfield site next to Grauman`s Chinese theatre, a Los Angeles landmark, and is the first overseas Tussauds to be built from scratch.

While the Hollywood attraction will mainly feature waxworks of film stars such as Cary Grant and Brad Pitt, Washington will have a more political flavour.

One feature will be a replica of the Oval office in the White House.

Tussauds has already made it across the Atlantic, with attractions in New York and Las Vegas, and it is active in Asia, having opened in Hong Kong and Shanghai. It is estimated that 4 million people visit Madame Tussauds wax works every year reports Sheeraz Hasan.

Besides waxworks, the company owns attractions such as Chessington World of Adventures and Alton Towers theme parks, and the London eye. It showed an operating profits of 40.7 million pounds on turnover of 158.4 million pounds for the 10 months to December 2005.

This is good news for the Indian people that they will be able to watch such artistic work of the wax staying in their own country. On the other hand, the authority will also generate a good money from this populated country. So, this is a win-win situation for both India and the Tussaud group.