Action icons Sylvester Stallone and Governor Arnold Schwarzenegger have been signed to co-star in the first made -in- the USA Bollywood film Incredible Love.

The two action masters will appear with top Bollywood stars Ashkay Kumar and Kareena Kapoo in the story of an Indian stuntman who takes Tinsel Town by storm but is unable to find true love.

The action-comedy-musical will be filmed at Universal Studios in California with Stallone playing Sly, a character based on himself. 

 No word yet whether Arnold will be officiating in his role as Governator or just plain kicking butt.

The producer, Sajid Nadiadwala,  said his success in landing Stallone and Schwarzenegger reflected the growing power of the Bollywood film market and Indian studios increasing cooperation with cost-cutting Hollywood studios.