Amusement Parks Industry In India
4 000 crore and the leisure industry expects fresh investment of rs 10 000 crore by the year 2020.
Amusement parks industry in india. Although it s a bit dated these days it is still one of the largest in the country and has managed to remain a favorite. Initially amusement parks were meant for poor children with free entry and rides not more than 10 rupees. The amusement park industry in india is worth rs 7 000 crore and has been growing exponentially in the last few years.
10 00 am 7 00 pm all days of the week address. The highlight is the frightening new monsters in the mist dark ride which is apparently the first of its kind in india. Today it is a giant industry with rs 1 800 crores generated in fy 2013 and by 2020 the revenue is expected to cross rs 4 000 crores.
It has a water park and umpteen adventure activities. Esselworld established in 1989 was one of the first and largest amusement parks in india. The indian amusement and theme parks industry has been growing at a compounded annual growth rate of over 17 with an estimated annual revenue of rs 1 700 crore and is estimated to touch rs 4 000 crore by 2020.
In terms of employment generation the new amusement parks are likely to create jobs for six crore man hours per month. Near vishwakarma industrial area jaipur rajasthan 302013. Appu ghar is one of the best amusement parks in india ideal for all age groups.
In addition to that it has a 18 hole golf course music clubs health club food options etc. Contribution to the local economy increase in number of parks has an obvious benefit to the. The indian amusement and theme park industry has brought in employment for more than 75 000 people.
There are more than 70 rides a water kingdom water park bowling alley ice skating rink and aquadrome dance floor. Here are a few key points that will give you an overview of the amusement parks in india. Retail sector in india is the main driving force behind the growth of amusement parks in india as an industry.
Amusement parks market size is set to grow at a cagr of 6 2 during 2020 2025 projected to reach 72 44 billion by 2025. Currently the indian amusement industry is of rs. Amusement parks in india attract over 30 million three crore visitors annually and contribute nearly 40 per cent of the total leisure industry turnover which are key drivers of growth among the services sector in india.
Amusement parks play a vital role in the global entertainment and leisure industry.
