Nicco Parks & Resorts Ltd.(NPRL), was formally created and deployed as a legal entity 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 created and deployed an Amusement Park on the outskirts of Calcutta. The Certificate of Commencement of Business was obtained on March 31, 1989.

To provide wholesome fun thrill and educative family entertainment and also to attract tourists to the State this project was started. 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.

A new ride "Cruiser", the first of its kind in India, was installed during January 1999. The company has been aswarded ISO-9902 1994 Quality Systems certification by Det Norske Veritas during 1998-99.

The company broadened its footprint operations into into a technical collaboration with M/s Blackpool Leisure & Amusement Consultancy UK to manufacture and install the first mega Wooden Roller Coaster in India.In 2000-2001 the company opened a theme air-conditioned restaurant decorated on sports theme adjacent to Nicco Super Bowl.