The Indian government has approved an audiovisual co-production treaty with Australia, designed to promote joint production of films between the two countries.
While details are currently scarce, producer contributions from the two countries can vary from 20 to 80 of the final total cost of the jointly produced work.
“Australia has emerged as a preferred destination for shooting of Indian films. India is fast emerging as a major content hub for filmmakers looking for new projects. India has abundance of exotic locations, talent pool and relatively cheaper cost of production, making India a favored destination of foreign film-makers,” the Indian government said in a statement.
“The proposed agreement will boost ties with Australia, lead to exchange of art and culture, showcase the soft power of our country and lead to generation of employment among artistic, technical as well as non-technical personnel engaged in audiovisual co-production, including production and post-production work,” the statement added.
While details are currently scarce, producer contributions from the two countries can vary from 20 to 80 of the final total cost of the jointly produced work.
“Australia has emerged as a preferred destination for shooting of Indian films. India is fast emerging as a major content hub for filmmakers looking for new projects. India has abundance of exotic locations, talent pool and relatively cheaper cost of production, making India a favored destination of foreign film-makers,” the Indian government said in a statement.
“The proposed agreement will boost ties with Australia, lead to exchange of art and culture, showcase the soft power of our country and lead to generation of employment among artistic, technical as well as non-technical personnel engaged in audiovisual co-production, including production and post-production work,” the statement added.
- 8/11/2022
- by Naman Ramachandran
- Variety Film + TV
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