The Reliance Big Entertainment group has entered exclusive talks with Universal Studios to create India's first film-themed amusement park.
The two companies are thought to be close to signing an agreement to build a US$1.5bn resort based on the films produced by the Hollywood studio arm of NBC.
The Indian park would be similar to the ones Universal has in Florida and Singapore but with an Indian twist to attract India’s fast-growing young, energetic and consumer-orientated middle classes.
Reliance has received preliminary government approval to go ahead with Universal to create what is expected to be a 500-acre entertainment resort, which could host about 50,000 visitors a day.
