The train had stopped operating six months ago following the Rajkot fire incident.
However, with the carnival approaching, scheduled from December 25 to 31, the municipal corporation has sought permission to resume the service.
The chairman of the Recreation Committee stated that permission from the police commissioner is expected to be obtained by Monday or Tuesday.
Although the top most attraction at Kankaria, the toy train, did not operate in Diwali, the lake still witnessed 2.5 lakh visitors.
The Amdavad Municipal Corporation (AMC) earned more than ₹43 lakh in just these three days of the festive season.
On November 1, over 10,000 visitors were recorded at the Kankaria Zoo, while the Nocturnal Zoo had 2,866 visitors and the Butterfly Park saw 1,562 visitors.
The Kankaria Zoo recorded 21,934 visitors on November 2 and 23,636 visitors on November 3. The Nocturnal Zoo recorded 5,046 visitors on November 2 and 4,925 on November 3.