Memorandum of Understanding (MoU) 2017-18 between India Trade Promotion
Organisation (ITPO) and Department of Commerce (DoC), Government of India was
signed by Shri L.C. Goyal, CMD, ITPO and Smt. Rita Teaotia, Secretary,
Commerce, Govt. of India on 07.07.2017 in Udyog Bhawan, New Delhi. On this
occasion, Shri L.C. Goyal, CMD, ITPO mentioned that, for the year 2016-17, ITPO
is expecting to achieve “Excellent” rating as per the self evaluation of MoU
targets in which against the MoU target of Rs. 250 crore, the turnover is
expected to be Rs. 263 crore. For the year 2017-18, the ‘Excellent’ financial
target for Revenue from operations (Gross Sales) has been fixed at Rs. 228
crore. He observed that, in view of the Redevelopment Project (IECC) at ITPO,
achieving various Financial/ Non-Financial targets this year will be difficult.
ITPO will, however make all efforts to achieve “Excellent” rating as per the
targets given by DPE for the year 2017-18 and ensure delivery of better
services to all the stakeholders.