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The director is not making an Indian version of Twilight but has bought the copyrights of a fast paced, horror thriller The Comapny Red by Shantanu Dhar.
"I have read the book and I love the way Shantanu writes. This is such a gripping thriller that once you start reading it, you don`t want to stop till the book finishes.
"I love making movies and to give this book the form of a film will be amazing. This is a completely new genre for the literally world and cinematic world of India. But we will make it at an international level," Kaushik said in a statement. He also plans to act in the movie.
Kaushik`s previous credits as a director include films like Hum Aapke Dil Mein Rehte Hain, Mujhe Kuch Kehna Hai and Salman Khan starrer Tere Naam.
The book, the first in a trilogy, tells the story of Ardhendu Bose, a fatherless middle-class Bengali boy, who is trying to escape failures in life and gets a mysterious job call, which changes his life forever.
Twilight saga, a vampire romance based on the four novels of Stephanie Meyer, has already become a successful movie franchise making Robert Pattinson and Kristen Stewart international heartthrobs overnight.