"Chef" is about a cook who loses his job and starts up a food truck to reclaim his artistic promise as well as reunite with his estranged family, reported Variety.
"Setting a film in the culinary world of Los Angeles offers wonderful opportunities for a character-driven comedy," said Favreau. The "Iron Man" filmmaker will direct from his own script. The movie also stars Sofia Vergara, John Leguizamo and Bobby Cannavale.
Photos: Aamir Khan with 'Dangal' actresses at fashion show
Spotted: Twinkle Khanna, Shriya Saran at an event in Mumbai
Andrew Flintoff's birthday: 10 players who entered different sports
Photos: Ranveer Singh and Vaani Kapoor go 'Befikre'
Photos: Aishwarya, Sridevi, Karisma at Manish Malhotra's birthday bash