Naman Ramachandran 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.