Swish Black Cat Films, an Australian production house, will handle the entire production of "Chak de India" in Melbourne and Sydney, according to the Indian Post newspaper here.
Swish Black Cat Films had earlier carried out production of the Yash Raj film "Salaam Namaste" which incidentally was the first Indian film to be shot entirely in Australia.
"Salaam Namaste's" success triggered an Aussie fever among Indian tourists, who swamped the capital of Victoria state after the film's release.
"Chak de India" would have Shah Rukh Khan in the leading role and would be directed by Shmit Amin.
The Australian film production company expects the Indian contract to generate revenue of approximately $1.6 million and expects to attract a worldwide audience of 300 million, the paper said.