Stage musical Bombay Dreams is to close for at least a year after producer Andrew Lloyd Webber ordered a revamp.
Lord Lloyd-Webber was impressed by the New York production
He wants the London production to take on the changes in storyline, stages and set that will be unveiled in its New York version when it opens next month.
The musical, which has been running at the Apollo Victoria theatre since June 2002, will close on 13 June.
Lord Lloyd-Webber also announced plans for a film version of the show, which has already become a hit album.
Sales of the cast recording are nearing 250,000 in the UK, and it has also been a huge hit in India.
By the time the UK production closes, it will have been seen by more than 1.5 million theatregoers. It is due to embark on a national tour early next year, before returning to the West End some months later.
Lord Lloyd-Webber said he decided to make the changes after visiting the show's New York producers earlier this month.
"I think the exciting developments that have been made in terms of the book, the score and the set designs mean that this is the show I would like to see in the UK," he said.
The 56-year-old composer and impresario, whose hits have included Cats and Evita, was recently named the most influential man in the UK theatre for the fourth year running by The Stage newspaper.