How to start Business of Water Park in India?

There are a lot of entertainment and recreation possibilities that lead water parks to be one among the most sought-after. In India, a water park business brings together a collection of attractions ranging from family slides, thrill rides, and kids’ zones, with the goal of picking an entertainment spot catering to a mixed age and socioeconomic crowd. Well, water parks can be fun places, but they can also offer great business avenues.

Current estimates say that water park businesses in India are growing up in leaps and bounds. The Indian amusement park industry is currently pegged at a value of about INR 25 billion, whereas the worldwide amusement park industry stands at INR 1675 billion. This signifies that the water park business in India is still in its infancy, but the prevailing demand assurances an upswing to INR 60 billion in about five years. That provides a wonderful entry window for entrepreneurs and investors eyeing the segment.

Water park businesses may be said to be profitable, but they demand a huge amount of capital investment. Other than that, a proper feasibility study regarding the project, legal approval, safety measures, and customer satisfaction must also be in place to enable good operation.

NPCS has, therefore, listed the most important steps for water parks setup in India for an appeal to the public with great rewards.

Visit this Page for More Information: Start a Business in Water Industry

Water Park Business Plan

The first and foremost step is to create a project report of the business for a good layout. A detailed project report would furnish 50% of the needful information about the water park business much ahead of time. In the preparation of the report, it must be taken care of that all data are specific and verifiable. You can use Google, industry reports, and deliberations with experts for your research.

Water Park Setup Requirements: Area Analysis & Location

In order to have a successful water park business in India, the place has to be frequented by a large number of visitors. So, the best places for water park setup would not be in cities, but in suburbs.

Climate Considerations:

The water park business in India would prosper more in hot and dry climates.

• Best States: Delhi, Rajasthan, Gujarat, Maharashtra
• Bad Areas: Kerala, Assams, and other flood-infested areas

Moreover, the water parks must have an area with ample supply of water, proper drainage system, and uninterrupted supply of electricity.

Related Business Plan: Water Park

Size of Land for Water Park Business in India

The size of the land depends upon the scale of the water park setup:

• Small water park: 0.5 to 2 acres
• Medium water park: 2 to 5 acres
• Large water park: More than 5 acres

Registration and Licenses Required for Water Park Business in India

To legally run a water park business , you need to obtain the following licenses and permits:

• GST Certificate
• Health Officer Certificate
• FSSAI License (for food and beverage services)
• MSME Registration (for small businesses)
• Entertainment License
• NOC from Regional Police Station, Fire Officer, Electrical Inspector, and Collector
• PWD Certificate (for public safety and infrastructure)
• Public Performance License for Music

Read Similar Articles: Amusement Park Industry in India: A Land of Opportunities for Startups and Entrepreneurs

Water Park Setup Requirements: Machinery & Equipment

Acquisition of high-standard industrial machinery is very important in establishing a water park business. Check safety and quality assurance in the machinery before purchase in order to avoid accidents and destruction. Some vital things to install in your water park include:

• Water slides
• Wave pools
• Lazy rivers
• Water filtration systems
• Safety equipment such as lifeguard stations, safety nets, life jackets

It is good to visit the manufacturer and inspect the machines before buying.

Architecture & Infrastructure of a Water Park Business in India

A well-planned water park setup should include:

• Well-maintained changing rooms (with male-female segregation)
• Public seating areas
• Lifeguard stations
• Food courts and dining areas
• Shaded areas for rest
• Toilets and bathing areas

A sound architecture will have safety, comfort and visitor satisfaction – which are among the most important factors for an efficient water park business.

Download PDF: Start Your Own Water Park, Amusement Park Business

Expenses in Water Park Business in India

Investment can totally change with the difference in the size of the project:

• Mini water park – INR 60-80 lakh
• Medium water park – INR 1-1.5 crore 
• Large scale – INR 4-5 crore 

This variation may also be the result of the quality of rides and infrastructure as well as other additional facilities offered for water parks.

Why Invest in a Water Park Business in India?

Water park business is an emerging sector with large growth potential in India. Given the rapid increase in demand for leisure and recreation, it is believed that a good water park setting can offer significant returns on investment.

Key benefits for water park business in India include:

• High-profit margins

• Booming demand for amusement parks

• Potential for expansion (resorts, adventure parks, food courts)
• Recurring income through entry fees, food sales, and events 

Youtube Link: Start Your Own Water Park | Amusement Park Business.

Conclusion

The water park business in India has the potential to be incredibly profitable in India, given its right business strategy, legal standards, and infrastructure. NPCS is an expert in offering guidance, project reports, and market analysis for successful entrepreneurs to set up their water parks. 

With detailed planning and strategic execution, you can build a successful water park business in India and tap into this booming industry.