Incentive for foreign film production in India increased from 30% to 40%

Incentive for foreign film production in India increased from 30% to 40%

Incentive for foreign film production in India increased from 30% to 40%

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.

incentive india production shooting

www.filmingindo.com