The Costa Concordia, whose shipwreck claimed 32 lives when it ran aground in January 2012, has inspired a Bollywood-style musical.
Filming is expected to begin at the end of May or early June, but the location has not been confirmed, Agence France-Presse reported.
Location scouts for the Indian-made film say that out of sensitivity to locals of Giglio, Tuscany, where the shipwreck occurred, they are searching for another place to make the movie.
(Read More: Interior Photos of Costa Concordia Shipwreck)
"It will be only loosely based on the sinking of the Costa Concordia," Stefania Ippoliti of the Tuscan Film Commission, which is helping with the project, told media.
"It's about a group of people who are stranded on an island after a shipwreck."