Compact Disc India Ltd (CDI) has declared that it has signed up a deal with White Light Entertainment, the maker of Jurassic Park and Schindler's List to co-produce English film named “Playing with the Enemy”, which is based on the World War II drama.

The integrated media and entertainment company will invest around $30 million in the project which is expected to cost $45-50 million.

CDI chairman Suresh Kumar said, “We are investing $30 million in the project. The entire project is estimated to be around $45-50 million, depending on the star cast, which will be disclosed by the end of April.”

“We are proud to be associated with White Light Entertainment. This association reflects confidence in CDI's ability to co-produce the biggest film any Indian producer has ever made so far,” Mr. Kumar added.

The movie, which rotates around a baseball player, will start production in Canada in May 2008. It will hit movie theaters during the first quarter of the coming year (2009).

CDI is making 3D-animation film Soccer, which has a budget of $20.15 million and Eternal Love - a $15.70 million love story revolving around Taj Mahal.

The company is also planning to list on AIM market of the London Stock Exchange in April-May 2008. The company achieved a sales turnover of Rs 103 crore in the FY 07-08.