Ashutosh Gowarikar, director of India's Oscar nominated cricket epic Lagaan, is lining up a new $6m film starring Shahrukh Khan.

Called Swades, the film will be funded by Mumbai's UTV Motion Pictures and produced through Ashutosh Gowarikar Productions. Billed as a patriotic film set in contemporary times, it is being targeted both at the local Indian market and at the international market.

UTV chairman Ronnie Screwvala told that he expected 30% of the movie's revenue to come from foreign sales.

UTV Motion Pictures is also launching two other ambitious projects. Chalte Chalte, a $5m film directed by Aziz Mirza, with Rani Mukherjee and Shahrukh Khan in the lead, is almost complete and scheduled for release in June 2003. The other film titled Laksh, is a $6m production with Amitabh Bachchan and Hrithik Roshan.