×
You will be redirected back to your article in seconds

India Poised to Create Film Production Incentives (EXCLUSIVE)

India is within weeks of establishing a scheme of location shooting incentives that could help put the world’s most prolific filmmaking nation on the map for international film productions.

The country is seeking to create a rebate scheme that could give feature films shot in India a 30% discount. It would be matched by another scheme helping international co-productions.

Both moves are conditional on the continuation of the Narendra Modi-headed government, which is currently seeking re-election. Election results will be known on May 23 and the film industry support measures could be announced shortly thereafter.

Speaking in Cannes, Amit Khare, secretary, Ministry of Information and Broadcasting, told Variety that the Modi government will likely categorize the media and entertainment sector as one of a dozen “champion sectors” capable of delivering above-average growth, and in need of encouragement. He outlined the planned production incentive schemes and hinted at further possible tax cuts for the sector.

While details are yet to be finalized, Khare said that qualifying production spend in India could enjoy a rebate of 30%, capped at 20 million rupees ($300,000) per film. The scheme would initially be endowed with $7.5 million and be administered through the National Film Development Corp., which until recently been focused mostly on grant schemes for local Indian movies.

Khare said that rebate cash would be paid within three months of proof of the qualifying production spend. And in order to allow films to draw down some cash early while they are shooting, a partial-refund scheme may also be introduced.

Khare said that the spillover or multiplier effect from stimulating film production — derived in terms of employment, taxation and image — make the incentive moves politically acceptable. He said that Modi understands the economic benefits and had demonstrated his commitment to the industry by personally inaugurating the National Museum of Indian Cinema in Mumbai, and by cutting the goods and services tax rate on film tickets from 28% to 18%.

India currently has 13 bilateral co-production treaties. But Khare said that treaties only work well when there is local finance to be had. He also said that he understood India to be in competition with other countries for film shoots. He named Morocco, Malta and Thailand as territories with competing location attraction schemes.

The likely incentive moves follow the official launch in November of the Film Facilitation Office and so-called “single-window clearance.” The FFO and the centralized permits system are both intended to simplify the formidably bureaucratic process of lining up all necessary paperwork in a vast country with 36 states or regional governments and dozens of languages as well as national bodies such as the National Monuments Authority.

More Film

  • Forest Whitaker

    Netflix Teams With Forest Whitaker on 'Hello, Universe' Movie

    Netflix and Forest Whitaker are collaborating on live-action family movie “Hello, Universe,” based on the 2018 Newbery Award winner and New York Times bestselling novel by Erin Entrada Kelly. Playwright and screenwriter Michael Golamco (“Always Be My Maybe”) will adapt the book. Whitaker and Nina Yang Bongiovi (“Fruitvale Station”) of Significant Productions will produce. The [...]

  • Lauren Ash44th Annual Gracie Awards, Show,

    Politics and New Abortion Ban Laws Dominate 2019 Gracie Awards

    Female empowerment was in the air Tuesday night as show runners, writers and performers gathered at the 44th Annual Gracie Awards to celebrate women breaking barriers and shattering glass ceilings within the entertainment industry. Sandra Oh, Patricia Arquette, Rachel Maddow, and Connie Britton were among the honorees at the ceremony, which took place at the [...]

  • Spider-Man Homecoming

    Film and TV Productions Are Using Drones for Scouting Locations, Lighting and More

    Since a ruling by the Federal Aviation Administration in 2014 that cleared the use of drones in film and TV production, the acquisition of footage by these unmanned flying machines has become de rigueur for aerial shooting in cases when cranes or aircraft are impractical or unsafe.  As such, drones have been greeted enthusiastically not [...]

  • Filmmaker Maryam Touzani Talks About Her

    Filmmaker Maryam Touzani Talks About Her Cannes Debut, 'Adam'

    Debuting feature helmer-writer Maryam Touzani makes her Cannes bow with “Adam,” in Un Certain Regard. The Casablanca-set drama shows how a pregnant stranger changes the lives of a mother and her young daughter. What inspired your plot? When I moved back to Tangier after college, one day a young woman knocked on our door, looking [...]

  • Q&A With Juan Villegas on ‘Las

    Argentina’s Juan Villegas on ‘Las Vegas,’ Featuring at Cannes’ ACID

    CANNES – Buenos Aires’ director-producer Juan Villegas presented his debut “Saturday” at the Venice Festival and won awards at the Rotterdam and Sarajevo film festivals. “Suicidals” screened at San Sebastián. “Idleness,” his third feature, co-directed with Alejando Lingenti, screened at the Berinale. Produced by Salvador del Solar at Argentina’s Cepa Audiovisual and by Villegas’ production [...]

  • Aaron Taylor-Johnson and Kenneth Branagh

    Christopher Nolan's New Film Casts Aaron Taylor-Johnson and Kenneth Branagh

    Aaron Taylor-Johnson and Kenneth Branagh will appear in Christopher Nolan’s upcoming film, “Tenet,” led by John David Washington. Clémence Poésy, Dimple Kapadia, Michael Caine are also joining the cast that includes Washington as well as Elizabeth Debicki and Robert Pattinson. “Tenet,” which is being filmed on location across seven countries, is an action epic evolving [...]

  • Cannes Placeholder Red Carpet

    Eddie Peng, Ma Sichun Join Ann Hui's 'Love After Love'

    Eddie Peng (“Operation Mekong” “The Hidden Man”) will head the cast of “Love After Love” the new film by Hong Kong’s Ann Hui. He plays opposite Ma Sichun (“The Shadow Play,” “Soul Mate”). The picture, which started shooting on Wednesday in China, is the story of a young woman from Shanghai who travels to Hong [...]

More From Our Brands

Access exclusive content