Recently, the Producers Guild of India signed a monumental MoU with Producers Alliance for Cinema and Television UK (Pact).
The MoU signed by the Guild president Siddharth Roy Kapur is intended to lead to a more collaborative relationship between the UK and Indian production sectors and for both countries to share best practices, projects and ideas.
As part of the MoU, the Producers Guild of India will join the Global Creative Alliance and will become the Indian partner for the production platform, an online platform where companies can find or post projects if they are seeking a co-production partner.
The platform that was launched in October 2017 with funding from the Department for International Trade has already attracted 13 countries with 25 countries set to be on board by summer 2018.
The MoU was signed on February 6 at the inaugural India-UK Createch Summit in Mumbai.
