Australia, India Look to Benefit From Newly Ratified Treaty, Filming Incentives (EXCLUSIVE)
24.11.2023 - 09:24
/ variety.com
Naman Ramachandran Film co-productions between Australia and India received a significant double boost this week with the ratification of a treaty that was proposed last year and the Indian government’s major enhancement of filming incentives. An Australian delegation is attending the ongoing International Film Festival of India (IFFI), Goa and the concurrent film market, Film Bazaar.
Australian producer Helen Leake (“Carnifex,” “Wolfe Creek 2”) is on the IFFI international competition jury and documentary “Brand Bollywood Downunder” by Indian origin Australian filmmaker Anupam Sharma, who also serves as director of the Australia India Film Council, is playing at the festival. “Screen Australia is delighted that the Australian-Indian treaty is now in force.
The treaty provides a framework and opportunity for greater creative collaboration between Australia and India. It will allow producers from both countries to share resources and the risk of financing a film and will provide access to new markets and audiences,” a spokesperson from Screen Australia told Variety.
The highest profile Australian co-production shot in India is BAFTA-winner “Lion,” starring Dev Patel. Several Indian films featuring top talent have shot in Australia, including “Indian” with Kamal Haasan, “Salaam Namaste,” starring Saif Ali Khan, “Dil Chahta Hai,” with Aamir Khan, “Chak De India,” featuring Shah Rukh Khan and “Heyy Babyy” and “Singh Is Kinng,” starring Akshay Kumar.
“As a practitioner, one of the most important things which will happen is that I will have more choices to hire more creative talent out of India, without losing my significant Australian content benefit. Any film I make, as an Australian, I am eligible for 40% producer offset,
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