Driving the Amusement Industry with immense improvement potential: IAAPI

@VikashSharma | Sr Journalist

New Delhi: In modern-day life, leisure actions are a boon to anybody for psychological peace & leisure, and the will for leisure and leisure is the idea of the amusement trade. The amusement trade has seen large help repeatedly, which reveals how essential a task they play. With the help of the plenty and demand for leisure and leisure, the trade has seen fast improvement as properly. To talk about how the Amusement trade has formed up lately, the alternatives that exist, and the challenges forward, the Indian Association of Amusement Parks and Industries (IAAPI) hosted a day lengthy program in New Delhi. The program additionally marked the twenty fifth anniversary celebrations for IAAPI.

The day-long program had Leadership session and panel discussions on numerous matters associated to amusement and tourism sector. The day started with a session on Driving the Amusement Industry within the Next 25 Years by Prof. Ranjeet Nambudiri (Professor, Organizational Behavior & Human Resource Management, IIM Indore) adopted by a panel dialogue on Driving Growth Prospects in Amusement Industry, with panelists Arun Chittilappilly (Managing Director, Wonderla Holidays), Jai Malpani (Managing Director, Imagicaaworld), Abhishek Bansal (Executive Director, Pacific Development Corporation) and Abbas Jabalpurwala (CEO, Timezone India). The dialogue was moderated by Ankur Maheshwari (Founder, Masti Zone).

Another panel dialogue on Exponential Growth of Tourism Sector, Entertainment, Food, Travel was moderated by Shrikant Goenka (Director – Premierworld Technology). Panelists included Roshal Thomas (Director, Ministry of Tourism, GOI), Rajeev Jalnapurkar (Director, Guardian Media & Entertainment), Saurabh Singhal (Managing Director – ANSA Retail), Benu Sehgal (Director, Spelendor Lifestyle Products), and Jyoti Mayal (President Travel Agents Association of India [TAAI],

On this event, Shrikant Goenka, Chairman IAAPI stated, the entire nation or fairly the entire world is transferring in the direction of an experiential tourism, the place one need to expertise and revel in the whole lot. We have 500 members in IAAPI, who’re related to the amusement and leisure sector. Goenka additional added, our annual turn-over stands at Rs 11,500 crore and we hope that it’ll attain Rs 25,000 crore by 2030 or we will obtain this determine even earlier than that. There are about 300 amusement parks and 2500 indoor amusement facilities in India. It is estimated that this trade is rising on the fee of 15 p.c, and there are large employment alternatives there.

There is immense funding alternatives to create extra theme primarily based tales, mythological and spiritual theme parks with the assistance of technological innovation, laser reveals, movies and so on. at varied non secular circuits that are developed by Center & State tourism boards. This will appeal to extra worldwide vacationers to the nation. A complete amusement park on the theme of Mahabharata has been introduced in Delhi NCR and lots of extra massive investments are on the cardboard, stated Shrikant Goenka.

During this system, together with the chances of improvement within the amusement trade, the event of the tourism, meals, and journey sectors was additionally mentioned. The panelists mentioned the expansion prospects within the amusement trade in collaboration with different associated associations like journey, meals will assist in driving tourism within the nation.

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