According to The Hollywood Reporter, Michael Douglas said Monday in Mumbai that he will co-produce and appear in Racing the Monsoon, set to be shot entirely in India.

Douglas is here on a scouting expedition for the adventure film, slated to begin production early next year. Douglas also said the project will be the first U.S./Indian feature co-production.

The film will be directed by Steve Carr (Daddy Day Care, Dr. Doolittle 2).