Commerce and Industry Minister Piyush Goyal said negotiations with Australia are on for a joint production partnership in the audio-visual services, and an agreement to that effect is expected to be finalised.

Australia has technologies and equipment, and India has skilled manpower to increase cooperation in the sector, the minister added.

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We are looking at a joint production partnership in audiovisual services. So, we are negotiating and hope to finalise an agreement to do joint production. Today the big cost of movies is made at billions of dollars. India has the skills and the manpower who can do it. Can we do joint production so that we can reach out to the world, he asked.

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