Most of the Producers Guild of America (PGA) nominees tend to get into the high five for the prestigious Oscar awards.

In their 19-year history, the PGA awards have foreseen 12 of Oscar's eventual best-picture winners, including last year's winner 'No Country for Old Men.'

The winner will be announced on January 24, the ‘Los Angeles Times’ reported.

The PGA, however, snubbed some of the frontrunners like 'Doubt,' 'Gran Torino,' 'The Reader,' 'Revolutionary Road' and 'The Wrestler' this year.

'Slumdog' will compete with others like Brad Pitt starrer 'The Curious Case of Benjamin Button,' Batman film 'Dark Knight," 'Frost/Nixon,' and political drama 'Milk' in the Best Picture category.

Directed by British filmmaker Danny Boyle 'Slumdog Millionaire' which bagged a lot of awards and nominations has become this year's Cinderella story.

The film has earned four Golden Globe nominations with Indian music director A R Rahman being nominated for Best Original Music Score. It was also nominated for Best Picture-Drama, Best Director for Boyle and Best Screenplay for Simon Beaufoy.

It has also won two annual Satellite Awards for Best Picture-Drama and Best Director.

The film has already bagged two awards from the Los Angeles Film Critics Association - Best Director for Boyle and Best Music for Rahman.

Based on Indian author Vikas Swarup's novel 'Q and A' and starring Indian actors Anil Kapoor and Irrfan Khan, the film was shot at various locations in Mumbai.

It tells the moving story of a young Mumbai slumdweller, who goes on to participate and win the Indian version of 'Who Wants To Be a Millionaire'.