The action-adventure project features Devgn in the lead role and will see him doing high-octane stunts shot in India and Bulgaria.

When asked if "Shivaay" can give competition to Hollywood, Devgn told reporters, "The intention is not to give tough competition to Hollywood, but to raise our bar. If they can make it at that level, we can also make it at that level. That is the intention."

The 47-year-old actor was speaking at the trailer launch of ‘Shivaay’ here today.
    
"It was the idea of several fan clubs to launch the trailer like this, with them. They came to me with this idea, called me, and here I am. They executed it and I just helped them a little bit," he said.

Devgn was asked about the status of his much awaited film with wife Kajol and the actor said they will start working on the project by the end of this year.

"The film is our home production. It will start by the end of this year."

Amitabh Bachchan also congratulated Ajay Devgn for the stupendous job in Shivaay. He took to twitter and wrote, ''#ShivaayTrailer .. goodness me what aTrailer .. just spoke to Ajay and congratulated him for a stupendous job .. all good wishes AJ.''

"Shivaay" has been produced and directed by Devgn. It is his second directorial venture after the 2008 romantic-drama "U Me Aur Hum".

The movie marks the acting debut of Sayyeshaa Saigal, grand niece of veteran actor Dilip Kumar.

‘Shivaay’ is scheduled for release on October 28.

Watch the trailer here: