Paani is based in a future world where wars over water have broken out. Water is now owned by International Corporations who use thirst as a weapon of control. In one such future city, a young love story breaks all the rules and in the ensuing war, water flows back to its people. The film will have a strong Indian and Western star cast, headed by a young leading actor from India and a young leading actress from the west.

The film, produced by Aditya Chopra and directed by Shekhar Kapur, will be shot in India and overseas. Music is by the highly acclaimed Academy Award -winning and Grammy Award -winning A. R. Rahman.

Paani will be digitally re-mastered into the image and sound quality of The IMAX Experience with proprietary IMAX DMR (Digital Re-mastering) technology for presentation in IMAX. The crystal-clear images, coupled with IMAX's customized theatre geometry and powerful digital audio, create a unique immersive environment that will make audiences feel as if they are in the movie.