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Nicco Parks & Resorts Ltd. Company History and Annual Growth Details

Nicco Parks & Resorts Ltd. was incorporated on March 17, 1989 as a Joint Sector Company with National Insulated Cable Co. Ltd. (now Nicco Corporation Ltd.) from the private sector and the Government of West Bengal represented by West Bengal Industrial Development Corporation Limited (WBIDC) and West Bengal Tourism Development Corporation Limited (WBTDC) to set up an Amusement Park on the outskirts of Calcutta. The Certificate of Commencement of Business was obtained on March 31, 1989.

The purpose of the project was to provide wholesome fun, thrill and educative family entertainment and also to attract tourists to the State. The project was implemented successfully with technical advice from Blackpool Leisure & Amusement Consultancy Ltd. of U.K. The Park was opened to the public in October 1991. The project received favourable response from the people of West Bengal and tourists coming to the State.

PRESENT BUSINESS OF THE COMPANY

The objective of the Park is to provide wholesome fun and educational recreation. Apart from the various rides it also has a popular Food Park. The Park has received favourable response and blue-chip companies like ITC, TISCO, Brittania Industries, Bata, Nestle, Smith Kline Beecham, Union Carbide, Dunlop, ANZ Grindlays, Duncans, Goodricke, Cadburys, are using the Park to promote their products by sponsoring rides and other forms of advertisements in the park premises. The installation of the Solar Energy Village depicting the various uses of this alternative form of energy has also received favourable response
from the public and is in keeping with Company's policy of providing educative inputs coupled with entertainment.

The following facilities are currently available at the Park:

a. Various rides like Cable Car, Children Flume Ride, Crazy Cycle, Kontiki Raft, Lazy River Ride, Merry Go Round, Striking Car, Moonraker, Paddle Boats, Tilt-A-Whirl, Toy Train, Tumble Tosser, Water Chute, Water Merry Go Round, Aqua Cycles and Video Games.

b. A unique multi cuisine Food Park which houses Calcutta's leading restaurants like Kwality, Pepsi, May Fair China Bowl, Shiraz, and Nizam. The Food Park can accomodate 500 people at a time.

c. Apart from the Food Park, other food and beverage outlets selling products of leading companies like Nestle, Cadbury, ITC, Goodricke, Duncans, Farini are also available in the Park.

d. A Green House run by the Indo American Hybrid Seeds Ltd. which sells a variety of plants.

e. A Souvenir Shop for visitors.

f. A Solar Energy Village which exhibits the use of this nonconventional source of energy in community life.

g. Other facilities like shuttle bus service and First Aid Centre.


2007

-Nicco Parks & Resorts Ltd has appointed Mr. Srikandath Narayan Menon, son of Mr. Chengat Sankara Menon as an Additional Director of the Company with effect from April 27, 2007.

2010

- Nicco Parks & Resorts Ltd has appointed Mr. Arijit Sengupta the Whole-time Director & CEO of the Company has been appointed as the Managing Director of the Company

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