Major Announcement: India is rolling out the red carpet for foreign film production! 🇮🇳
The incentive for foreign film production has been increased from 30% to a substantial 40% of the expenditure incurred. Plus, the limit has been raised from Rs 2.5 Crore to a whopping Rs 30 Crore (that’s over 3.5 million US Dollars)!
🌐 But that’s not all! An additional 5% bonus for Significant Indian Content (SIC) has been introduced.
This move aims to attract medium and big-budget international projects, showcasing India’s commitment to supporting artistic expression and solidifying its position as a preferred destination for cinematic endeavors.
🌟Planning to take advantage of these incentives? Look no further than FILMING INDO, a premiere fixer and line production company with headquarters in Delhi, India! We’re here to help foreign filmmakers navigate and utilize the film policy of the Indian government.