Speaking to reporters on the sidelines of the inauguration of the International Film Festival of India (IFFI) in Margao, 35 km from Panaji, Shah Rukh said: "The technological aspect is important. If our films have to compete with the films made abroad, we have to be technologically sound."
He said Goa was an ideal place to host the IFFI.
"This is the ideal location for the film festival. We all want it to become the best in the world," the Bollywood badshah said.