India Trade Promotion Organisation

India Trade Promotion Organisation
Company typeGovernment-owned enterprise
IndustryTrading & Marketing Services
Founded1 April 1977[1]
HeadquartersPragati Bhawan, Pragati Maidan, New Delhi
Key people
Pradeep Singh Kharola, IAS (Retd.)
(Chairman & MD) Rajat Agrawal, IAS
(ED)[2]
RevenueIncrease ₹3,818.8 million (US$46 million) (2014–2015)[3]

Decrease ₹3,765.2 million (US$45 million) (2015–2016)[4]

(Increase ₹3,889.7 million (US$47 million) (2016–2017)[5]
Increase ₹2,078.5 million (US$25 million) (2014–2015)[3]

Decrease ₹1,652.8 million (US$20 million) (2015–2016)[4]

Increase ₹2,631.4 million (US$32 million) (2016–2017)[6]
OwnerGovernment of India (100%)
Number of employees
442 (as on 31.03.2022)
Subsidiaries
  1. TNTPO
  2. KTPO
  3. NCTI
Websitewww.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 the 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 appointed NBCC as Project Management Consultant (PMC) for Integrated Exhibition-cum-Convention Centre (IECC) project as part of Redevelopment of Pragati Maidan.[8] 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] ITPO has awarded the IECC construction work to Shapoorji Pallonji Group for ₹2150 crores, making the project cost go over whopping ₹2600 crores. On 22 December 2017, Vice-President of India Venkaiah Naidu laid foundation stone of IECC project and Integrated Transit Corridor Development project at Pragati Maidan. On October 13, 2021, Prime Minister Shri Narendra Modi inaugurated New Exhibition Complex (Halls 2,3,4 & 5)[10] and on June 19, 2022, Prime Minister Shri Narendra Modi dedicated the Pragati Maidan Integrated Transit Corridor to the nation.[11] Prime Minister Shri Narendra Modi performed havan and inaugurated the grand ITPO Convention Centre on July 26, 2023, and named it Bharat Mandapam.[12]

  1. ^ ITPO Profile
  2. ^ Key Executives in Head Office
  3. ^ a b "ITPO Statement of Income & Expenditure for the Year ended 31st March, 2015" (PDF). www.rtia-itpo.org. ITPO. Archived from the original (PDF) on 4 March 2016. Retrieved 6 October 2015.
  4. ^ a b Financial Summary 2015–2016
  5. ^ "Press Release on 40th AGM of ITPO dt. 26.9.2017" (PDF). indiatradefair.com. ITPO. Retrieved 28 September 2017.
  6. ^ "Press Release on 40th AGM of ITPO dt. 26.9.2017" (PDF). indiatradefair.com. ITPO. Retrieved 28 September 2017.
  7. ^ "List of Maharatna, Navratna and Miniratna CPSEs". Archived from the original on 19 July 2013.
  8. ^ "NBCC bags ₹2,149-cr order from ITPO for redevelopment of Pragati Maidan". economictimes.indiatimes.com. Archived from the original on 18 March 2016. Retrieved 16 March 2016.
  9. ^ "Delhi watches silently as its contemporary heritage disappears". hindustantimes.com. May 2017. Retrieved 31 May 2017.
  10. ^ "Prime Minister Narendra Modi Inaugurates New Exhibition Complex (Halls 2,3,4&5) at Pragati Maidan". exhibitionshowcase.com. 14 October 2021. Retrieved 30 August 2023.
  11. ^ "PM Modi Inaugurates Pragati Maidan Integrated Transit Corridor Project". outlookindia.com. 19 June 2022. Retrieved 30 August 2023.
  12. ^ "PM Modi inaugurates redeveloped ITPO complex 'Bharat Mandapam', says India will be among world's top three economies in NDA's third term". thehindu.com. 26 July 2023. Retrieved 30 August 2023.