"My grandfather used to watch a lot of films and he always wanted my younger brother to become a director. And he had this dream that my younger brother would one day become a big director. He said this to my father before his death and my father asked my brother to get into films, " Dino told in an interview.
Dino's brother Santino, who is also a model, is currently assisting director Karan Johar.
"I want my brother to learn about filmmaking and be a good director. That's why he is with Karan, who is a good director. And once he learns about it properly, I will be launching him in a big way, " Dino said.
"We are planning a big movie, which he (Santino) will be directing. The story will revolve on what my grandfather was and my father might play a small role in it, " the actor added.
But Santino's film won't be Dino's first project as producer. He plans to foray into film production with an adaptation of a successful play from Britain by theatre director Pravesh Kumar. And Pravesh has been signed on as director for Dino's film too.
Asked about the status of the film, the actor-producer said: "We are looking for tie-ups with presenters. Once that is done, we will go (ahead) with the film."
Has Kareena Kapoor been roped in for his maiden production?
"I have a wish list of people, but nothing has been finalised. We will be starting with the pre-production; once we are through with the tie-ups, then everything will be finalised.
"Director Pravesh Kumar, who is abroad, is also expected by next month and then we will take a call on the casting, " Dino said.
The actor, who has worked in films like "Raaz" and "Holiday" has big plans for his Clockworks, but said he would take one step at a time.
"We will start with one film and then slowly increase the number of our productions in a year. I aim to have at least 10 films in a year later, " Dino said.
After turning producer, Dino said he's become more selective about signing movies as an actor.
"I will be signing films with big banners only. Big banners have a good network and their films are marketed and distributed well. There is no point in doing a good film that people never get to see. I will do films that get released with at least 500 prints, " he quipped.
And he maintains that he will manage playing the dual role well.
He said: "Though I have opened a production company to produce films, my priority will be both acting and production."
Any plans to act in the films he produces? "I might be there in some of them, " he replied.