The Maharashtra government and Niti Aayog are collaborating to build a top-notch amusement park in Navi Mumbai, which is expected to modify Mumbai’s tourism industry significantly. This ambitious project, which will cover 200 hectares and was inspired by Disneyland, is anticipated to become one of India’s most popular entertainment venues, attracting tourists from both domestic and foreign markets.
Reports suggest that the theme park will offer a diverse range of attractions, including entertainment zones, water parks, resorts, and animation studios. Designed to cater to all age groups, the project aims to provide a comprehensive entertainment experience.
The Maharashtra government is offering attractive financial incentives to encourage private investment. The estimated cost of the park is projected to be between USD 6-7 billion. Experts predict that the project will significantly boost the region’s economy, creating thousands of jobs across various sectors such as hospitality, construction, and entertainment. Additionally, Mumbai’s tourism revenue is expected to quadruple by 2030, further strengthening the city’s position as a global travel destination.
Businesses in the area, such as lodging facilities, dining options, and retail stores, stand to gain from the surge of tourists. The City and Industrial Development Corporation (CIDCO) is expected to finish allocating land by 2025–2026. Private investor bidding is expected to start in 2026–2027. Construction will be carried out in phases, with major attractions slated to open by 2030.
Strategically located in Navi Mumbai, the theme park will enjoy proximity to the upcoming Navi Mumbai International Airport, ensuring seamless accessibility for travellers from across the globe. This location is expected to bolster its potential as a leading player in the international theme park industry.
Mumbai’s standing as a leading entertainment destination will be cemented once the amusement park is finished. The project is expected to boost local economies and create job opportunities, according to government authorities. If everything goes according to plan, the Navi Mumbai theme park will transform Indian entertainment tourism and redefine the city’s allure as a top leisure destination.
Source: Times Entertainment
