The company is also looking to set up an amusement park in Goa or Maharashtra and also has plans to foray into the northern region.
Arun K. Chittilappilly, Managing Director, Wonderla Holidays, said the investment in Chennai amusement park will be made over the next two years.
The company, which has so far invested Rs 250 crore in its amusement park in Hyderabad, will be spending another Rs 40 crore by September to add two new attractions -- sky wheel and space theme ride.
Wonderla currently owns and operates three amusement parks -- one each in Kochi, Bengaluru and Hyderabad -- and a resort in Bengaluru. It also plans to develop a resort in Hyderabad.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
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Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.