Posted on March 03 2019
Although gaming and entertainment industry is at its nascent stage in India but with government initiatives like a GST rollout by April 2017 and the enforcement of FDI regulations, many foreign investors are foraying into the country with their projects. According to the FICCI-KPMG report on the Indian Media and Entertainment Industry, the Indian gaming industry is valued at Rs15.3 billion and is expected to grow at a CAGR of 22.4 per cent to Rs42.1 billion by 2017.
Its Quality, Not Quantity That Matters..
Mall developers today place quality and location over lower rents, suggesting they would rather not compromise on quality when it comes to housing arcades and family amusement operations. Quality FECs offering the latest, most popular amusement options from licensed, credible distributors hosting recognizable brands from internationally acclaimed manufacturers are becoming a major revenue stream for such large-scale retail outlets. This industry found its roots in India during the mid and late 1980s when a few innovative entrepreneurs took the challenge of pioneering a few amusement parks in Delhi, Kolkata, Mumbai and Chennai. The absence, however, of quality distributors situated locally in India means that they have to look to the neighborhood for quality amusement equipment supplies.
The Middle East To the Rescue…
Amongst such distributors, one such name stands out from the rest, owing sheerly to the magnitude of business it conducts all over the world. With over AED 700,000,000 worth of arcade & theme park equipment sold since 1999 & headquartered in Dubai, Amusement Services International LLC (ASI) has contributed heavily to the success stories of many entertainment operations not only with the supply of superior amusement equipment, but also unique interior décor and architectural design solutions that are fashioned to make these arcades stand out in every way. Added to that ASI, also excels at providing integrated solutions for the technical & operations management of leisure and entertainment facilities.
So What’s New At ASI?
With Government initiaves to set up smart cities all over the country, Bengaluru & Gurgaon are now becoming ‘fun-spots in focus’, i.e. family entertainment hubs offering both adult & child friendly amusement options. This is where Fun City comes in. The arrival of Fun City, Gurgaon and Fun City, Bengaluru is changing the landscape of the amusement business in India with ASI rigging out both FECs with the latest arcade equipment. Fun City, Bengaluru and Gurgaon both feature an extensive and fun line up of rides, games and attractions supplied by ASI that’s designed for the entire family.