The Indian Amusement Parks, Theme Parks, Water Parks & Indoor Amusement Centres are expected to rise at a considerable rate between 2024 and 2032. In the year 2023, the industry had grown at a steady double digit CAGR with adoption of appropriate strategies by key players.
The industry provides both outdoor and indoor active entertainment for children, youth along with their families who are otherwise glued to gadgets and television sets. It encourages them to engage in games which are filled with Thrill, Fun, Educative & informative. It provides foster bonding with family and friends, relieves stress and provides a rush of adrenaline and more.This industry plays a pivotal role in developing tourism and social infrastructure.
The amusement industry which creates fun, joy and happiness also helps in the overall growth and development of children & youth. It provides opportunities to learn and develop social skills, make friends, be creative, learn through play, build confidence and help them in their overall development. As a parent, it is important to encourage your family and friends to visit amusement centres.
Some key aspects of amusement and attraction industry offers:
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Nurturing Individuality
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Strengthening family Bond
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Unleashing Hidden Talents
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Building Confidence and Resilience
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Fostering a Love for Learning
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Mastering Attention in a Distracted World
The amusement industry which provides fun and joy is a serious business and this industry plays a key role in creating job opportunities both directly and indirectly through ancillary and other related industries like hospitality, food & beverage, transport industry and more. It helps to create an economic multiplier effect accelerating the growth of the economy and contributes to the government exchequer significantly. Amusement industry forms a major part of social Infrastructure in Tier I & II cities in addition to the Metros. This Industry with use of AI & IOT in its attractions, plays a vital role in nation building as it offers active, healthy, & educative recreation for kids, youth and families from middle and lower middle-class strata of the society.
Indian Association of Amusement Parks and Industries (IAAPI) is an apex body representing the Amusement Parks, Theme Parks, Water Parks and Indoor Amusement Centre in India. IAAPI is a non-government, not-for-profit, industry-led and industry-managed organization, playing a proactive role in development of this sector. Founded in 1999, IAAPI is India’s premier business association having 461 members from the private sectors including small and medium enterprises consisting of park operators and equipment manufacturers. IAAPI works to create and sustain an environment conducive to the development of the Amusement sector in India, partnering industry, Government, and civil society, through advisory and consultative processes.
