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Massive Growth in Indian Amusement Industry
The Indian amusement park sector has grown from a US$50 million industry to be worth more than US$1.2 billion in the past decade and is now a priority target for international manufacturers.
A report by Hong Kong Trade Development Council (HKTDC) says the huge growth in real estate development in India has led to increased demand for amusement parks and sports and leisure activities, with the state governments offering incentives to help boost tourism.
Operators have had to look to overseas manufacturers to meet the growing demand for rides and attractions, but now local companies are joining the field.
Image used for illustrative purposes only.
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