Graphic India and Stan Lee's POW Entertainment have struck a deal with Phantom Films to begin pre-production on a live-action adaptation of "Charka the Invincible," based on Lee's original superhero property.

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According to Variety, Vikramaditya Motwane ("Udaan") will direct the "Chakra" film, from a script he's currently working on with Lee and Graphic India's Sharad Devarajan. Phantom's Madhu Mantena is producing the film with Devarajan and POW Entertainment's Gill Champion.

"I am really excited about launching 'Chakra the Invincible' as my first Bollywood superhero movie," Lee said of the deal. "Vikramaditya is an amazingly talented filmmaker who I have no doubt can make the Chakra film a massive hit in India and around the world. I only hope he remembers to include my cameo."

"Chakra" follows a boy from Mumbai named Raju, whose mentor develops a suit that allows him to harness the chakras in his body to give him superpowers. The film adaptation will follow a Raju in his 20's, who battles villains in Mumbai.

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The "Chakra" film is reportedly readying pre-production, but no release date has been set.