India Trade Promotion Organisation
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) with 100 percent shareholding of Government of India.
| Company type | Government-owned enterprise |
|---|---|
| Industry | Trading & Marketing Services |
| Founded | 1 April 1977 |
| Headquarters | Pragati Bhawan, Pragati Maidan, New Delhi |
Key people | Pradeep Singh Kharola, IAS (Retd.) (Chairman & MD) Rajat Agrawal, IAS (ED) |
| Revenue | ₹3,818.8 million (US$48 million) (2014–2015)
₹3,765.2 million (US$47 million) (2015–2016) ( ₹3,889.7 million (US$49 million) (2016–2017) |
Net income | ₹2,078.5 million (US$26 million) (2014–2015)
₹1,652.8 million (US$21 million) (2015–2016) ₹2,631.4 million (US$33 million) (2016–2017) |
| Owner | Government of India (100%) |
Number of employees | 442 (as on 31.03.2022) |
| Subsidiaries |
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| Website | www |
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. 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. ITPO has awarded the IECC construction work to Shapoorji Pallonji Group for INR 2150 crores, making the project cost go over whopping INR 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) and on June 19, 2022, Prime Minister Shri Narendra Modi dedicated the Pragati Maidan Integrated Transit Corridor to the nation. Prime Minister Shri Narendra Modi performed havan and inaugurated the grand ITPO Convention Centre on July 26, 2023, and named it Bharat Mandapam.