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Posted on Feb 01, 03:33PM | IANS
New Delhi, Feb 1 : Producer Karan Arora has signed a three-film deal with two Georgia-based production houses to co-produce and release films in the country.
The deal, with Metro Studios and Georgian Film Company, not only includes subsidised cost benefits when the films are shot there, but will also get Georgian partners as co-investors and co-producers for the mainstream Hindi films.
The films will also be dubbed in Georgian.
"The country offers quite exotic and versatile locations but what complements it is the cost factor as the money spent against the production value achieved is what matters most for a producer. This is what got us to sign the dotted lines," Arora of High Ground Enterprise production house, said in a statement.
"The equipment hiring and technical costs nearly matches up the cost one would pay in India. (Plus,) the living cost is pretty reasonable," he added.