Among the first films in the pipeline are one on civil rights leader Martin Luther King for which Spielberg has already obtained the rights, and a remake of the Hollywood classic 'Harvey' that stars James Stewart and an invisible giant bunny.

Some of the other films include '39 Clues', 'Cowboys and Aliens', 'Dinner For Schmucks', 'Motorcade' and 'Hereafter' in a mix of genres including thrillers, action, comedy and family drama.

The Reliance Anil Dhirubhai Ambani Group ranks among India's top three industrial houses with interests in areas including telecommunications, energy, finance, entertainment and infrastructure development.

The group's entertainment business owns 428 cinema screens across India, the US, Malaysia and Mauritius, contributing 11 percent to the domestic industry's box office collections and 35 percent from the Hindi movies screened in the US.

Its entertainment business has its presence across several platforms, including FM radio, music, sports, gaming, animation, Internet and mobile portals, direct-to-home TV, Internet TV and mobile TV.

Last year, it also entered into pacts to develop Hollywood projects with firms of such stars as Brad Pitt, Tom Hanks, Julia Roberts, Nicolas Cage, Jim Carrey and George Clooney.