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Bloomberg Quint

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Image Credit: Bloomberg Quint

BMC’s Mumbai Eye Plan: A Look At How The London Eye Fares In Revenue

  • The proposal to erect a Mumbai Eye, similar to the London Eye, has been announced in the budget by the Brihanmumbai Municipal Corporation (BMC).
  • The Mumbai Eye is expected to attract 70 lakh visitors per year, twice as much as the London Eye.
  • The London Eye, with approximately 35 lakh visitors per year, is estimated to earn around 91 million pounds annually.
  • Merlin Entertainments Ltd., the operator of the London Eye, reported a loss of 214 million pounds in 2023 but delivered revenue growth of 23% year-on-year to 748 million pounds through its gateway attractions.

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