Milkha Singh came fourth in the 400 metres at the 1960 Rome Olympics. He also represented India in the 1964 Tokyo Olympics.
"I am writing a few scripts but my immediate next film is 'Bhag Milkha Bhag'. I would start shooting it now. It's on Milkha Singh the athlete, " Mehra told.
Soft-spoken Mehra refrained from divulging any other details, saying, "It's a secret".
Mehra, after directing numerous ad commercials like Coke, Pepsi, Toyota, American Express and BPL, made his directorial debut with megastar Amitabh Bachchan starrer "Aks" in 2001. The film was not a big success, but he rocked the box office with his 2006 release "Rang De Basanti".
His last was 2009 movie "Delhi-6" starring Abhishek Bachchan-Sonam Kapoor.