The Union Cabinet chaired by Prime Minister Narendra Modi has approved the signing of an ‘Audio Visual Co-Production Treaty’. Audio Visual co-production treaties are enabling documents which facilitate co-production of films between two countries. Such agreements are Umbrella Agreements under which private, quasi-government or governmental agencies enter into contracts to produce films together.

• India has, so far, signed 15 Audio Visual Co-production Treaties with foreign countries.
• Australia has emerged as a preferred destination for shooting 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, relatively cheaper cost of production and post production, making India a favoured destination of foreign filmmakers.