New Launch10 Aug 2026, 08:10 pm
Silverstorm Parks Launches Ropeway & Forest Village
AI Summary
Silverstorm Parks and Resorts Ltd announced the upcoming launch of its new Cable Car Project, featuring a 1.2 km Ropeway Cable Car and Forest Village. The inauguration is scheduled for August 23, 2026. The project is designed to accommodate approximately 5,000 visitors daily and 15,00,000 annually. The company anticipates attracting 3,00,000 visitors in FY 2026-27, projecting a 20% capacity utilization. This new venture is expected to generate up to ₹22 crore in gross revenue (including GST) during FY 2026-27, augmenting the company's existing revenue streams and contributing to overall business growth.
Key Highlights
- New 1.2km Ropeway Cable Car and Forest Village launching August 23, 2026.
- Projected to handle 5,000 daily visitors, 1.5 million annually.
- Expected to generate up to ₹22 crore revenue in FY 2026-27.
- Aims to boost company's revenue and overall business growth.
Price Impact
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