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)

Rajneesh, IAS
(ED)[2]
Revenue

Increase ₹3,518.6 million (US$55 million) (2013–2014)[3]

Increase ₹3,818.8 million (US$60 million) (2014–2015)[4]

Decrease ₹3,765.2 million (US$59 million) (2015–2016)[5]

Increase ₹1,800.1 million (US$28 million) (2013–2014)[3]

Increase ₹2,078.5 million (US$32 million) (2014–2015)[4]

Decrease ₹1,652.8 million (US$26 million) (2015–2016)[5]
Owner Government of India (100%)
Number of employees
 759 (December 2016)[6]
Subsidiaries
  1. TNTPO
  2. KTPO
  3. NCTI
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)[7] 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.[8] 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. Public Investment Board (PIB) accorded approval to the project in May 2016 and the project is going on, with scheduled completion by May 2019.

The project garnered much media attention due to demolition of Hall of Nations and Nehru Pavilion by ITPO in April 2017, after approval from Delhi High Court.[9]

Events Organised by ITPO

At Pragati Maidan, New Delhi[10]

  1. New Delhi World Book Fair (in association with National Book Trust) (January 9–17, 2016)
  2. Nakshatra Fair (January 9–17, 2016)
  3. Tex-Styles India (February 22–24, 2016)
  4. Aahar – International Food & Hospitality Fair (March 15–16, 2016)
  5. India International Footwear Fair (August 5–07, 2016)
  6. Delhi Book and Stationary Fair (August 27 – September 4, 2016)
  7. India International Security Expo (September 19–21, 2016)
  8. India International Trade Fair (November 14–27, 2016)
  9. Kosmetica (proposed)
  10. Innovation in Science Pursuit for Inspired Research (INSPIRE) (in association with Ministry of Science and Technology (India)) (last edition held during October 6–8, 2014)

Other Cities in India[11]

  1. India International Leather Fair, Chennai (February 1–3, 2016)
  2. India International Leather Fair, Kolkata (March 18–20, 2016)
  3. National Arogya Fair, Pune (March 19–22, 2016) -as project executor
  4. Aahar – Food & Hospitality Fair, Bengaluru (last edition held during August 18–20, 2015)
  5. Aahar – Food & Hospitality Fair, Chennai (last edition held during August 14–16, 2014)
  6. Auto Ancillary Show, Pune
  7. East Himalayan Expo, Gangtok (December 15-25, 2016)
  8. Organic Food Fair, Shillong (proposed)

Outside India[12]

Third Party Events[13] 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 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 & Commercial Publicity and Indian Council of Trade Fairs & Exhibitions and commenced operations with effect from 1 March 1977.[14]

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.[15]

Some of the structures in Pragati Maidan were designed by the best Architects of their times, like the following:

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.[18]

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 City, 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.[19]

ITPO has four Regional Offices:[20]

The Regional Offices, through their respective profile of activities, ensure a concerted and well coordinated trade promotion drive throughout the country.[18]

Subsidiaries

ITPO has two subsidiaries namely Tamil Nadu Trade Promotion Organisation (TNTPO)[21] and Karnataka Trade Promotion Organisation (KTPO)[22] 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.[23]

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.[24]

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.[25]

ITPO had coordinated the construction of exhibition-cum-trade complex 'Maniram Dewan Trade Centre' for Assam Trade Promotion Organisation[26] at Sarusajai, Guwahati under 'Assistance to Sates for Developing Export Infrastructure and Allied Activities (ASIDE) Scheme,[27] 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.[28]

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.[29]

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.[30]

ITPO signed MoU with Federation of Indian Chambers of Commerce & Industry (FICCI) to collaborate on trade promotion.[31] 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.[32]

ITPO signed MoU with National Book Trust (NBT), India for conducting New Delhi World Book Fair every year, starting from February 2013.[33]

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.[34]

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.[35]

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.[36]

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.[37]

Financials

ITPO's cash surplus stands at more than Rs.18400 million in FY2015-16, making it one of the most cash-rich CPSE.[5]

ITPO has achieved MoU Excellent rating for the year 2014–2015. 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, 2013–2014 and 2014–2015.[38]

ITPO continued performing handsomely and registered total income to Rs.3765 million in FY 2015–2016. Net profit of ITPO stood at Rs.1652 million in FY 2015–2016, a dip of about 20 percent over previous year's profit of about Rs.2078 million.[39] ITPO is registered under Section-8 of the Companies Act, 2013 and so does not declare any dividend.[40]

In the MoU signed by ITPO with Department of Commerce for FY 2015–2016, financial target for Gross Sales has been fixed at Rs.2570 million and Net Surplus at Rs.1680 million.[41]

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.[42]

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.[43]

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.[44] 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.[45]

Pictures of Halls & Events of ITPO

See also

References

  1. ↑ ITPO Profile
  2. ↑ Key Executives in Head Office
  3. 1 2 CHAIRPERSON’S STATEMENT ON THE 37TH AGM OF ITPO HELD ON 23 September 2014
  4. 1 2 "ITPO Statement of Income & Expenditure for the Year ended 31st March, 2015" (PDF). www.rtia-itpo.org. ITPO. Retrieved 6 October 2015.
  5. 1 2 3 Financial Summary 2015–2016
  6. ↑ "december_2016_2_1_2017" (PDF). indiatradefair.com. ITPO. Retrieved 17 July 2017.
  7. ↑ "List of Maharatna, Navratna and Miniratna CPSEs".
  8. ↑ "NBCC bags Rs 2,149-cr order from ITPO for redevelopment of Pragati Maidan". economictimes.indiatimes.com. economictimes.indiatimes.com. Retrieved 16 March 2016.
  9. ↑ "Delhi watches silently as its contemporary heritage disappears". hindustantimes.com. hindustantimes.com. Retrieved 31 May 2017.
  10. ↑ ITPO Official Website -Fairs in Pragati Maidan in 2015–2016
  11. ↑ ITPO Official Website -Fairs in Other Centres outside Delhi in 2015–2016
  12. ↑ ITPO Official Website -Foreign Fairs in 2015–2016
  13. ↑ ITPO Official Website -Third Party Events in 2015–2016
  14. ↑ Public Enterprises Survey 2010–2011
  15. ↑ "ITPO -India Trade Promotion Organisation (ITPO)".
  16. 1 2 3 4 "LIST OF PROJECTS COMPLETED & ONGOING OF MAHENDRA RAJ CONSULTANTS PRIVATE LIMITED AND ENGINEERING CONSULTANTS (INDIA)". mrc.co.in. Mahendra Raj Consultants. Retrieved 30 June 2016.
  17. 1 2 3 4 5 6 7 "Chronology of Works" (PDF). archnet.org. archnet.org. Retrieved 30 June 2016.
  18. 1 2 "INDIA TRADE PROMOTION ORGANISATION". commerce.nic.in. Dept. of Commerce, GoI. Retrieved 30 June 2016.
  19. ↑ "Report Summaries: Activities and Functioning of India Trade Promotion Organisation". prsindia.org. PRS Legislative Research – Parliament Standing Committee report. Retrieved 30 June 2016.
  20. ↑ "ITPO Offices". ITPO. ITPO. Archived from the original on 10 October 2013. Retrieved 3 February 2016.
  21. ↑ "Tamilnadu Trade promotion organisation".
  22. ↑ KTPO website
  23. ↑ "Annual Report" (PDF). rtia-itpo.org. Annual Report 2013–2014. Retrieved 30 June 2016.
  24. ↑ "Chennai Trade Centre set for expansion". The Hindu. The Hindu. Retrieved 2 February 2016.
  25. ↑ "National centre For trade information (NCTI)".
  26. ↑ "Assam Trade Promotion Organisation".
  27. ↑ "Export Promotion Measures". commerce.nic.in. Dept. of Commerce, GoI. Retrieved 30 June 2016.
  28. ↑ "Convention Centre Set to Become a Reality". New Indian Express. New Indian Express. Retrieved 2 February 2016.
  29. ↑ "Annual Report 2009–2010". commerce.nic.in. Dept. of Commerce, GoI. Retrieved 30 June 2016.
  30. ↑ "Pragati maidan to get armed commando security". The Times of India.
  31. ↑ "Latest Releases".
  32. ↑ "Latest Releases".
  33. ↑ "World Book Fair set to become an annual affair". The Times of India.
  34. ↑ "Trade fair-based biz confidence index soon". 14 November 2013.
  35. ↑ "Star Of Mysore Online".
  36. ↑ "Review of AoB Rules, 2010" (PDF). cabsec.nic.in. Cabinet Secretariat. Retrieved 7 March 2016.
  37. ↑ "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.
  38. ↑ "ITPO achieves MoU Excellent rating for the year 2014–2015". thenewsmanofindia.com. thenewsmanofindia.com. Retrieved 17 June 2016.
  39. ↑ "Financila Summery 2015-2016" (PDF). http://indiatradefair.com. ITPO. Retrieved 30 November 2016. External link in |website= (help)
  40. ↑ "Draft PIB Note" (PDF). commerce.nic.in. Dept. of Commerce, GoI. Retrieved 30 June 2016.
  41. ↑ "MOU" (PDF). indiatradefair.com. ITPO and DOC. Retrieved 30 June 2016.
  42. ↑ ITPO Press Release 14 May 2015
  43. ↑ "Benoy Sarkar (1938–2011) Series on design masters in India:". designinindia.net. designinindia.net. Retrieved 30 June 2016.
  44. ↑ "Typical Indian Logos And Creative Designers Behind It ,With Meaning". thetypicalindian.com. thetypicalindian.com. Retrieved 30 June 2016.
  45. ↑ ITPO Logo History
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