India Tourism Development Corporation Ltd
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ITDC came into life in October 1966 and has been the high mover in the modern improvement, promoting and enlargement of tourism in the u . S .. Broadly, the main objectives of the Corporation are:
To assemble, take over and control existing motels and market lodges, Beach Resorts, Traveller’s Lodges/Restaurants;
To provide shipping, entertainment, purchasing and traditional services;
To produce, distribute, traveler publicity fabric;
To render consultancy-cum-managerial services in India and abroad;
To carry on the commercial enterprise as Full-Fledged Money Changers (FFMC), restricted money changers and many others;
To offer innovating, dependable and fee for cash answers to the desires of tourism development and engineering industry inclusive of providing consultancy and undertaking implementation.
The legal capital of the Corporation is Rs one hundred fifty crores and the paid up capital as on 31.03.2019 is Rs eighty five.77 crores. The share maintaining pattern as on 31.03.2019 is as below :
Government of India 87.03%
Indian Hotels Ltd. 7.87%
Banks & Financial Institutions 3.Sixty seven%
Other Bodies Corporate 0.28%
General Public,Employees etc. 1.15%
The Corporation is walking resorts, eating places at diverse places for tourists, besides imparting transport centers. In addition, the Corporation is engaged in production, distribution and sale of visitor exposure literature and offering leisure and duty free shopping centers to the vacationers. The Corporation has diverse into new avenues/modern offerings like Full-Fledged Money Changer (FFMC) services, engineering related consultancy services etc. The Ashok Institute of Hospitality & Tourism Management of the Corporation imparts schooling and schooling inside the discipline of tourism and hospitality.
Presently, ITDC has a network of four Ashok Group of Hotels, one Joint Venture Hotels, 1 Restaurants, 12 Transport Units, 13 Duty Free Shops at Sea ports and one Sound & Light Shows.
Besides, ITDC is likewise managing catering offerings at Western Court, Vigyan Bhawan, Hyderabad House.
To reinvent itself in the converting scenario, ITDC besides consolidating its final commercial enterprise region, various into new carrier-orientated business activities like consultancy and execution of tourism and engineering initiatives, education/education inside the tourism and hospitality sectors, event control and mounting of Sound & Light Shows.