India Trade Promotion Organisation

India Trade Promotion Organisation
इंडिया ट्रेड प्रमोशन आर्गेनाईजेशन
Government-owned enterprise
Industry Trading & Marketing Services
Founded 1 April 1977[1]
Headquarters Pragati Bhawan, Pragati Maidan, New Delhi
Key people

LC Goyal, IAS (Retd.)
(Chairman & MD)

Shubhra Singh,[2] IAS
(ED)[3]
Revenue

Increase ₹3336.4 million (US$50 million) (2012-13)[4]

Increase ₹3518.6 million (US$52 million) (2013-14)[5]

Increase ₹3818.8 million (US$57 million) (2014-15)[6]

Increase ₹1522.9 million (US$23 million) (2012–13)[7]

Increase ₹1800.1 million (US$27 million) (2013-14)[8]

Increase ₹2078.5 million (US$31 million) (2014-15)[9]
Owner Government of India (100%)
Number of employees
 868 (August 2015)
Subsidiaries
  1. TNTPO
  2. KTPO,
  3. NCTI
Slogan Promoting 'India' Brand Globally; Providing a Global Edge
Website www.indiatradefair.com
Erstwhile office of the India Trade Promotion Organisation in Moscow, Russia

India Trade Promotion Organisation (ITPO), headquartered at Pragati Maidan, is the nodal agency of the Government of India under aegis of Ministry of Commerce and Industry (India) for promoting country's external trade. ITPO is a Mini-Ratna Category-1 Central Public Sector Enterprise (CPSE)[10] with 100 percent shareholding of Government of India.

In January 2016, ITPO awarded more than INR 2100 crore project to NBCC for construction of Integrated Exhibition-cum-Convention Centre (IECC) as part of Redevelopment of Pragati Maidan.[11] Earlier in December 2015, a high level presentation was made to Prime Minister Narendra Modi by the Commerce Secretary Rita Teaotia for the proposed IECC. This complex is scheduled to be ready by end of 2017.[12] The project was put on fast-track by formation of an adhoc Committee of Secretaries (COS) of all concerned ministries, to ensure that the centre is ready to host G20 summit in 2018


Events Organised by ITPO

At Pragati Maidan, New Delhi[13]

  1. India International Trade Fair (November 14–27, 2016)
  2. Aahar - International Food & Hospitality Fair (March 15-16, 2016)
  3. India International Leather Fair
  4. India International Security Expo
  5. Delhi Book and Stationary Fair
  6. Nakshatra Fair (January 9-17, 2016)
  7. Tex-Styles India (February 22-24, 2016)
  8. Kosmetica (proposed)
  9. New Delhi World Book Fair (in association with National Book Trust) (January 9-17, 2016)
  10. Innovation in Science Pursuit for Inspired Research (INSPIRE) (in association with Ministry of Science and Technology (India)) (till 2014)


Other Cities in India[14]

  1. India International Leather Fair, Chennai (February 1-3, 2016)
  2. India International Leather Fair, Kolkata (March 18-20, 2016)
  3. Aahar - Food & Hospitality Fair, Bengaluru
  4. Aahar - Food & Hospitality Fair, Chennai
  5. Auto Ancillary Show, Pune
  6. East Himalayan Expo, Siliguri
  7. National Arogya Fair, Pune (March 19-22, 2016) -as project executor
  8. Organic Food Fair, Shillong (proposed)
  9. Industrial India Trade Fair, Kolkata (February 12-22, 2016) -as associate of BNCCI


Outside India[15]


Third Party Events[16] Many private companies, cooperatives and confederations organise prestigious fairs in Pragati Maidan such as


History

India Trade Promotion Organisation (ITPO) was incorporated by merger of Trade Development Authority (TDA), a Registered Society under the administrative control of the Ministry of Commerce & Industry, with Trade Fair Authority of India (TFAI) with effect from 1 January 1992. TFAI was earlier incorporated, under Section 25 of the Indian Companies Act, 1956, on 30 December 1976 by amalgamating 3 organisations of the Government of India viz. India International Trade Fair Organisation, Directorate of Exhibitions and Commercial Publicity and Indian Council of Trade Fairs and Exhibitions and commenced operations with effect from 1 March 1977.[17] ITPO, during its existence of more than 3 decades has played a proactive role in catalysing trade, investment and technology transfer processes. Its promotional tools include organising of fairs and exhibitions in India and abroad, Buyer-Seller Meets, Contact Promotion Programmes, Product Promotion Programmes, Promotion through Overseas Department Stores, Market Surveys and Information Dissemination.[18]

The world-renowned Hall of Nations, Hall of Industries and Nehru Pavilion in Pragati Maidan was designed by iconic architect Raj Rewal along with architect Kuldip Singh in 1971-72. Later on Hall of States were designed by architect Raj Rewal in 1981-82. Other iconic structures that surround Pragati Maidan are National Science Centre, Delhi designed by architect Achyut Kanvinde, Hindustan Lever Pavilion designed by architect Charles Correa in 1961 and National Handicrafts and Handlooms Museum, New Delhi


Sphere of Activities

ITPO has been managing the Pragati Maidan exhibition complex in New Delhi, which is spread over an area of 123.5 acres and has established it as a renowned destination for holding exhibitions, conventions, seminars, business meets and other trade promotion activities. The existing infrastructure of Pragati Maidan includes more than 16 exhibitions halls of about 65,000 sq.m. out of which 40,000 sq.m. is air-conditioned space. It also consists of additional open space of 32,000 sq.m., a modern air conditioned food plaza with seating capacity for 500 plus persons, open and covered auditoriums with a combined capacity for 5500 and 1000 persons respectively, lounge areas, business centre facilities, etc. The existing facilities are being used by Industry, various Ministries, Govt. Departments and State Governments to present their policies, initiatives and achievements by supporting/holding exhibitions, conventions and other trade related events.

ITPO has an extensive infrastructure as well as marketing and information facilities that are availed by both exporters and importers. ITPO had had overseas offices at New York, Frankfurt, Tokyo, Moscow and São Paulo for pursuing opportunities for enhancement of India's trade and investment. However, all overseas offices are now closed by ITPO.

ITPO has four Regional Offices:[19]

The Regional Offices, through their respective profile of activities, ensure a concerted and well coordinated trade promotion drive throughout the country.


Subsidiaries

ITPO has two subsidiaries namely Tamil Nadu Trade Promotion Organisation (TNTPO)[20] and Karnataka Trade Promotion Organisation (KTPO)[21] with share holding of 51% in each of them. With the commissioning of the state-of-the-art Chennai Trade Centre (CTC) in January 2001 and the Trade Centre Bangalore in September 2004, ITPO has successfully completed the first phase of the setting-up of modern exhibition facilities outside Delhi.

In FY 2013-2014, TNTPO and KTPO registered revenues of about Rs.400 million and Rs.82 million respectively.

The Chennai Trade Centre, which is now spread across 14,000 sqm, is planned to be expanded by addition of 6,000 sqm and ITPO is seeking approval from the board of the TNTPO for the same.[22]

ITPO also has a 50:50 Joint subsidiary with National Informatics Centre (NIC) in the form of ‘National Centre for Trade Information’ (NCTI) in 1995 for collection and dissemination of trade data and improving Business Information Services to the business community, especially SME.[23]

ITPO had coordinated the construction of exhibition-cum-trade complex 'Maniram Dewan Trade Centre' for Assam Trade Promotion Organisation[24] at Sarusajai, Guwahati under 'Assistance to Sates for Developing Export Infrastructure and Allied Activities (ASIDE)'[25] Scheme, for facilitating trade in North-Eastern States.

International Trade and Convention Centre Kerala, the joint venture project of Indian Trade Promotion Organisation (ITPO) and Kerala Industrial Infrastructure Development Corporation (Kinfra) at 25 acres of land in the Kinfra Export Promotion Industrial Park in Kakkanad. The project would require investment of Rs.1125 million, of which 31.25 crore each will be provided by the central and state governments and the remaining Rs 50 crore will be mobilised via credit. The state government granted an in-principle approval for the project in 2012, but owing to the non-availability of funds it got delayed.[26]


Strategic Issues

ITPO is operating a trade portal Trade Portal of India having all trade related information including country profiles, product profiles, trade directory etc. ITPO is networking with International Organisation in the field of Trade and Commerce through membership or collaborative arrangements such as Memorandum of Understanding (MoU), ITPO is a founder member of Asian Trade Promotion Forum (ATPF) and participates in its Annual meets regularly.

Central Industrial Security Force (CISF) provide round-the-clock security at Pragati Maidan. Access control to the exhibitions area would also be monitored by another team of the squad with help from private security guards.[27]

ITPO signed MoU with Federation of Indian Chambers of Commerce & Industry (FICCI) to collaborate on trade promotion.[28] ITPO also signed MoU with the Confederation of Indian Industry (CII) in April 2011, directed towards a collective and well-directed effort to promote India's trade identifying the internal strengths of the respective organisations.[29]

ITPO signed MoU with National Book Trust (NBT), India for conducting New Delhi World Book Fair every year, starting from February 2013.[30] This replaced the existing once-in-two-years World Book Fair.

In 2013, ITPO has commissioned the Indian Institute of Management, Ahmedabad (IIM-A) to construct a Business Confidence Index and a Consumer Confidence Index using data from ITPO’s exhibitions.[31]

Karnataka Exhibition Authority (KEA) is in early discussions with ITPO to set up Pragati Haat in every district headquarters and one near Bangalore similar to that of Delhi’s Pragati Maidan. KEA has sought 20 acres of land in each district and 70 acres of land near Bangalore for the purpose.[32]

As per Allocation of Business Rules (which describes distribution of subject amongst GoI's departments and ministries), ITPO’s activities are now classified under Export Promotion, in place of the previous classification under State Trading.[33]

Commerce & Industry Minister Nirmala Sitharaman endorsed in September 2015 that ITPO is one of India's best agencies for international affairs and is on the verge of starting a major Convention Centre in Delhi as the capital does not have a venue where international conferences could be held.[34]


Financials

ITPO has achieved MoU Excellent rating for the year 2014-15. As a result of robust performance in both financial and non- financial parameters, ITPO has achieved MoU excellent rating consecutively for the last four years 2011-12,2012-13, 2013-14 and 2014-15.[35]

ITPO continued performing handsomely and registered an increase in total income to Rs.3819 million in FY 2014-15 from about Rs.3488 million in FY 2013-14. The net profit of the company jumped to Rs.2078 million in FY 2014-15, an increase of about 15 percent over previous year's profit of about Rs.1800 million.[36] The Company is registered under Section-8 of the Companies Act, 2013 and so does not declare any dividend.

In the MoU signed by ITPO with Department of Commerce for FY 2015-16, financial target for Gross Sales has been fixed at Rs.2570 million and Net Surplus at Rs.1680 million.

ITPO has been upgraded to Mini-Ratna Category-1 by Department of Public Enterprises (DPE) in 2015 due to continuous profit and robust past performance. This shall empower ITPO to incur capital expenditure on new projects, modernisation, purchase of equipment etc., without Government approval up to Rs. 500 crores, which was Rs. 250 crores under Mini-Ratna Category-II.[37]

Logo

ITPO logo was designed for the erstwhile TFAI by eminent graphic designer Benoy Sarkar in 1974. He is also credited for designing iconic logos of Indian Airlines, Airports Authority of India, Delhi Transport Corporation, etc.

ITPO logo has an interesting depiction of letters T (Trade) and F (Fair). The tone is a fusion of preservation of traditions of Trade and Investments along with modern identity of ITPO. The logo has a universal form. It signifies an authority of India exercising trade through fairs and exhibitions in India and abroad.[38] The emblem has been derived from an inscription on a gold coin belonging to the era of the ancient ruler, Samundragupta (circa 330-380 A.D.) symbolising the zenith achieved in external trade. The vertical and horizontal strokes in the symbol represent life and prosperity.[39]

Pictures of Halls & Events of ITPO

See also

References

  1. ↑ ITPO Profile
  2. ↑ "Executive Record Sheet". http://www.persmin.nic.in/. http://www.persmin.nic.in/. Retrieved 3 February 2016. External link in |website=, |publisher= (help)
  3. ↑ Key Executives in Head Office
  4. ↑ Public Enterprises Survey 2012-2013
  5. ↑ CHAIRPERSON’S STATEMENT ON THE 37TH AGM OF ITPO HELD ON 23.09.2014
  6. ↑ "ITPO Statement of Income & Expenditure for the Year ended 31st March, 2015" (PDF). www.rtia-itpo.org. ITPO. Retrieved 6 October 2015.
  7. ↑ Public Enterprises Survey 2012-2013
  8. ↑ CHAIRPERSON’S STATEMENT ON THE 37TH AGM OF ITPO HELD ON 23.09.2014
  9. ↑ "ITPO Statement of Income & Expenditure for the Year ended 31st March, 2015" (PDF). www.rtia-itpo.org. ITPO. Retrieved 6 October 2015.
  10. ↑ List of Maharatna, Navratna and Miniratna CPSEs -DPE
  11. ↑ "NBCC bags Rs 2,149-cr order from ITPO for redevelopment of Pragati Maidan". economictimes.indiatimes.com. economictimes.indiatimes.com. Retrieved 16 March 2016.
  12. ↑ "Delhi's Pragati Maidan set for Rs 2,000 crore revamp; work to start this year". Times of India. Times of India. Retrieved 2 February 2016.
  13. ↑ ITPO Official Website -Fairs in Pragati Maidan in 2015-16
  14. ↑ ITPO Official Website -Fairs in Other Centres outside Delhi in 2015-16
  15. ↑ ITPO Official Website -Foreign Fairs in 2015-16
  16. ↑ ITPO Official Website -Third Party Events in 2015-16
  17. ↑ Public Enterprises Survey 2010-2011
  18. ↑ ITPO Official Website
  19. ↑ "ITPO Offices". ITPO. ITPO. Retrieved 3 February 2016.
  20. ↑ TNTPO website
  21. ↑ KTPO website
  22. ↑ "Chennai Trade Centre set for expansion". The Hindu. The Hindu. Retrieved 2 February 2016.
  23. ↑ About us -NCTI website
  24. ↑ ATPO website
  25. ↑ Guidelines for Central ASIDE -DoC website
  26. ↑ "Convention Centre Set to Become a Reality". New Indian Express. New Indian Express. Retrieved 2 February 2016.
  27. ↑ Pragati maidan to get armed commando security -ToI 14.07.2013
  28. ↑ Public Info Bureau (PIB) Press Release
  29. ↑ ITPO SIGNS MEMORANDUM OF UNDERSTANDING WITH CII -Public Info Bureau (PIB) Press Release
  30. ↑ World Book Fair set to become an annual affair -ToI 27.08.2012
  31. ↑ Trade fair-based biz confidence index soon -HT 14.11.2013
  32. ↑ Star of Mysore News 25.06.2014
  33. ↑ "Review of AoB Rules, 2010" (PDF). cabsec.nic.in. Cabinet Secretariat. Retrieved 7 March 2016.
  34. ↑ "Hopes that gave us mandate to rule for 5 yrs should give us 5 yrs to implement plans: Nirmala Sitharaman". business-standard.com. Business Standard. Retrieved 16 September 2015.
  35. ↑ "About Us Contact Us About Us Contact Us Orders of Atul Sobti appointment as CMD, BHEL issued ITPO achieves MoU Excellent rating for the year 2014-15". http://www.thenewsmanofindia.com/. thenewsmanofindia.com. Retrieved 29 April 2016. External link in |website= (help)
  36. ↑ "ITPO Statement of Income & Expenditure for the Year ended 31st March, 2015" (PDF). www.rtia-itpo.org. ITPO. Retrieved 6 October 2015.
  37. ↑ ITPO Press Release 14.05.2015
  38. ↑ Classic Logos of India -Dsource
  39. ↑ ITPO Logo History
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