This is the terrifying moment a woman dangles from a gondola before being rescued at a fairground in India.

Shocking footage shows the carnivalgoer precariously clinging to the outer rim of a Ferris wheel in mid-air while a kindhearted rescuer helps her to safety.

Witnesses reported that the woman was on the swing when she lost her balance, narrowly avoiding a fall at Meena Bazaar in Bhatapara City, Chhattisgarh.

The ride was moving slowly at the time, which allowed her to hold on until help arrived on Sunday evening, August 10.

Authorities confirmed that the woman was safely brought down by the rescuer.

An investigation into the ride's safety and regulatory compliance is currently underway.

Officials have reminded festivalgoers to adhere strictly to safety guidelines to prevent similar incidents.