The Institute was set up by the Ministry of Tourism, Government of India in 1990 at Goa as apex institution for matters recreational watersporting and aqua-tourism in India.

Its mission is to promote the cause of aqua-based leisure, recreation, tourism and adventure development and its practice in a manner that is enjoyable, safe, responsible and accessible to all. The Institute rigorously pursues varied activities and continuously strive for professionalization of the industry. There exists complete agreement on the imperative of establishing the frameworks and standards for the safe practice of recreational watersports.