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Sylvester Stallone is going to become the first maor 'Hollywood' actor to star in a Bollywood movie.

AND, actor turned California governor Arnold Schwarzenegger will be making an appearance in the flick as well!

The Sly Bollywood movie is called Incredible Love, the story of an Indian stuntman who takes Hollywood by storm looking for love.

Incredible Love will be the first Indian production to be shot at Hollywood’s Universal Studios. It's budget is set at $22 million - the highest in Bollywood history!

This announcement followed the reports that Indian company Reliance will be a major investor in Steven Speilberg's $1 billion bid to make Dreamworks studio independent.

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