Reference

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Primary source

Indo-Thai Audio-Visual Co-Production Agreement Effective Q1 2027

Minimum 20% local spend each side qualifies as official co-production

As ofQ1 2027 effective date·Sources3·Primary

The Audio-Visual Co-Production Agreement between India and Thailand was signed by the Ministry of Information and Broadcasting and Ministry of Culture on 19 March 2025 and becomes operative Q1 2027 following ratification on both sides. Projects with at least 20 percent qualifying spend in India and at least 20 percent qualifying spend in Thailand are designated as official co-productions, which grants them dual nationality. The practical implication is that Indian content can count toward Thai OTT-platform local-content quotas under the Ministry of Digital Economy and Society OTT regulations and Thai content can count toward Indian local-content rules; both sides become eligible for tax incentives in each jurisdiction. The treaty creates the operating framework that the cash-rebate scheme only partially addressed.

Figure in context

The Audio-Visual Co-Production Agreement between India and Thailand was signed by the Ministry of Information and Broadcasting and Ministry of Culture on 19 March 2025 and becomes operative Q1 2027 following ratification on both sides. Projects with at least 20 percent qualifying spend in India and at least 20 percent qualifying spend in Thailand are designated as official co-productions, which grants them dual nationality. The practical implication is that Indian content can count toward Thai OTT-platform local-content quotas under the Ministry of Digital Economy and Society OTT regulations and Thai content can count toward Indian local-content rules; both sides become eligible for tax incentives in each jurisdiction. The treaty creates the operating framework that the cash-rebate scheme only partially addressed.

The Audio-Visual Co-Production Agreement between India and Thailand was signed by the Ministry of Information and Broadcasting and Ministry of Culture on 19 March 2025 and becomes operative Q1 2027 following ratification on both sides. Projects with at least 20 percent qualifying spend in India and at least 20 percent qualifying spend in Thailand are designated as official co-productions, which grants them dual nationality. The practical implication is that Indian content can count toward Thai OTT-platform local-content quotas under the Ministry of Digital Economy and Society OTT regulations and Thai content can count toward Indian local-content rules; both sides become eligible for tax incentives in each jurisdiction. The treaty creates the operating framework that the cash-rebate scheme only partially addressed.

Time scope

Q1 2027 effective date

Source basis

Primary source

Interpretation notes

What this tells you

The Audio-Visual Co-Production Agreement between India and Thailand was signed by the Ministry of Information and Broadcasting and Ministry of Culture on 19 March 2025 and becomes operative Q1 2027 following ratification on both sides. Projects with at least 20 percent qualifying spend in India and at least 20 percent qualifying spend in Thailand are designated as official co-productions, which grants them dual nationality. The practical implication is that Indian content can count toward Thai OTT-platform local-content quotas under the Ministry of Digital Economy and Society OTT regulations and Thai content can count toward Indian local-content rules; both sides become eligible for tax incentives in each jurisdiction. The treaty creates the operating framework that the cash-rebate scheme only partially addressed.

What not to do with it

Use the linked report for interpretation and keep basis differences explicit.

Related figures

Adjacent numbers that add context without drowning the value.

2027 forecast
USD 0.8 to 1.4B by 2027 (vs USD 0.18 to 0.34B 2024)

Indian Inbound Film Production Spend in Thailand 2024 to 2027

Insight derivation from Thailand Film Office incentive disclosures, Living Films 2025 portfolio, Reality Asia credits, Indochina Productions projects, Screen India Nov 2025 special, FICCI Frames 2026 panel

FY2026 to FY2027 incentive window
15% base, plus 5% cultural uplift, plus 5% post-production uplift; cap THB 150M per project

Thailand Film Office Cash-Back Rebate 15 to 25 Percent Effective Q1 2026

Thailand Film Office Production Incentive 2026, Department of Tourism and Sports quarterly bulletin Q1 2026, Screen India 2025 special

FY2026 list pricing
USD 120,000 to 280,000 per shoot day (full crew, equipment, locations)

Bangkok Location-Shoot Day Rate for Indian Tentpole Productions

Living Films published rate card 2025, Reality Asia commercial brief 2025, Screen India Nov 2025 special, FICCI Frames 2026 panel

2027 forecast
USD 0.4 to 0.8B 2027 annual post-production spend flowing to Bangkok

Bangkok Post-Production and VFX Billing for Indian Features and OTT

Cube Tribal credit list 2025, FotoFile portfolio, Screen India special 2025, FICCI Frames 2026 panel

FY2025 to FY2027 capex committed
USD 80 to 180M committed across four named studio expansions

Thai Studio and Back-Lot Capex Targeting Indian Productions 2025 to 2027

Sino-Thai Film Studio Sriracha expansion 2025, Pattaya Film City Phase II masterplan, operator press releases 2025

FY2024 baseline, FY2027 forecast
Crew base 2,400 in 2024 to 8,500 to 11,800 by 2027

Local Crew and Service-Line Capacity Scaling Three to Five-Fold by 2027

Living Films crew capacity disclosure 2025, Reality Asia hiring plan, Thailand Film Office training subsidy notice

Report context

Indo-Thai Audio-Visual Co-Production Agreement Effective Q1 2027 · Insight