"Shwaas", India's entry into the 77th Academy Awards, may have got nowhere close to a nomination, but producer Arun Nalawde is planning a short film on his "Oscar experience".

The film would chronicle the struggles of Nalawde from the moment "Shwaas" won the National Award for Best Film in 2004, began to weave Oscars dreams, and then started to raise funds.

Nalawde says his struggle "meant appealing to people for money, seeking financial assistance from every quarter, even tapping NRI funds to facilitate the 30 shows held there.

"It was a gruelling exercise, no doubt a worthy one, which is why I want to recreate and treasure it on film."

With the Oscar fever having died down, India's film fraternity is busy analysing whether "Shwaas" was really an apt choice as India's entry for the world's most reckoned entertainment awards.

There are also apprehensions whether "Shwaas" was altogether sidelined by the jury - but Nalawde has no regrets.

"Let's not forget the fact that the film was competing with 49 outstanding films from the world, all technically brilliant," he said.

"The films in the race were specially made and designed for the Oscars. Sadly, we don't compare with them even remotely in the technique they adopt."

Despite these limitations, Nalawde feels the biggest boost for the film was the 9.5 out of 10 rating it got at the Palmspring festival.

"I can definitely vouch for the fact that it did not go unnoticed. We had around 30 shows in America, seven of which were held in Hollywood. The response was overwhelming," Nalawde says.