Planned as a sequel to Mohanlal's 1987 blockbuster Irupatham Noottandu directed by K. Madhu, Sagar alias Jackie is produced by Antony Perumbavoor under the banner of Ashirvad films. Scripted by S.N. Swamy, who also did the scripts for the original, Sagar alias Jackie is cinematographed by the director himself.
Heroine Bhavana appears as a CNN reporter named Namitha Menon; National award winning actress Shobhana and famous South Indian actress Meena also appear in important roles and Jyothirmayi plays a cameo role. Other cast members include Jagathy Sreekumar, Nedumudi Venu, Suman, Manoj K. Jayan, Ganesh, Vinayakan, Baiju, Sumeeth, Sreeraman and others. Lyrics are handled by Rio Joy. Gopi Sunder has scored the music.