India Trade Promotion Organisation (ITPO) and Department of Commerce (DoC), Government of India, have signed a Memorandum of Understanding (MoU) for 2017-18. L.C. Goyal, ITPO CMD, Ms. Rita Teaotia, Secretary, Commerce, inked the MoU.
At the ceremony, Goyal mentioned that ITPO expected to achieve "Excellent" rating for FY 17 as per the self-evaluation of MoU targets. He said 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 crores. 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.
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MoU signed between ITPO and Commerce Ministry
By IndianMandarins - 2017-07-13 11:04:46
India Trade Promotion Organisation (ITPO) and Department of Commerce (DoC), Government of India, have signed a Memorandum of Understanding (MoU) for 2017-18. L.C. Goyal, ITPO CMD, Ms. Rita Teaotia, Secretary, Commerce, inked the MoU.
At the ceremony, Goyal mentioned that ITPO expected to achieve "Excellent" rating for FY 17 as per the self-evaluation of MoU targets. He said 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 crores. 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.
