Racing The Monsoon, a thriller about a diamond robbery aboard an Indian train, stars the actor's wife Catherine Zeta Jones and Matt Damon.
The film will be directed by Steve Carr.
A sequel to the 1984 movie, Romancing The Stone, it will be produced in collaboration with an Indian production house, Percept Picture Company, and will be shot in Mumbai, Jaisalmer and Kolkata.
Photograph: Arun Patil