1. Home
  2.   Psu Companies In India
  3.   India Tourism Development Of India

India Tourism Development Of India

The India Tourism Development Corporation is a hospitality, retail and Education company owned by Government of India, under Ministry of Tourism. Established in 1966, it owns over 17 properties under the Ashok Group of Hotels brand, across India.

ITDC came into existence in October 1966 and has been the prime mover in the progressive development, promotion and expansion of tourism in the country. Broadly, the main objectives of the Corporation are:
  •  To construct, take over and manage existing hotels and market hotels, Beach Resorts, Travellers' Lodges/Restaurants 
  •  To provide transport, entertainment, shopping and conventional services;
  •  To produce, distribute, tourist publicity material;
  •  To render consultancy-cum-managerial services in India and abroad;
  •  To carry on the business as Full-Fledged Money Changers (FFMC), restricted money changers etc;
  •  To provide innovating, dependable and value for money solutions to the needs of tourism development and engineering industry including providing consultancy and project implementation.
The Corporation is running hotels, restaurants at various places for tourists, besides providing transport facilities. In addition, the Corporation is engaged in production, distribution and sale of tourist publicity literature and providing entertainment and duty-free shopping facilities to the tourists. The Corporation has diversified into new avenues/innovative services like Full-Fledged Money Changer (FFMC) services, engineering related consultancy services etc. The Ashok Institute of Hospitality & Tourism Management of the Corporation imparts training and education in the field of tourism and hospitality.
Presently, ITDC has a network of eight Ashok Group of Hotels, five Joint Venture Hotels, 1 Restaurant, 9 Transport Units,  9 Duty-Free Shop at airport and seaports and two Sound & Light Shows
Besides, ITDC is also managing a hotel at Bharatpur and a restaurant at Kosi on behalf of the Department of Tourism. In addition, it is also managing catering services at Western Court, Vigyan Bhawan and Hyderabad House, New Delhi.

India Tourism Development Of India news

ITI clocks a turnover of rs 919 crs in third quarter of FY 2019-20

Bangalore: ITI Limited (ITI) declared its unaudited standalone and consolidated financial results for the Third Quarter and nine months ending December 31st, 2019-20. The Company posted a turnover of Rs. 919 Cr and a PAT of Rs. 168 Crore in Q3 of the financial year 2019-20. With this, the company
Posted Date :  07-01-20

Read more

ITDC posts 1.38 Cr profit in half yearly 2019-20 results

New Delhi: India Tourism Development Corporation (ITDC), the public sector undertaking under the aegis of the Ministry of Tourism, announced half yearly results of the current financial year 2019-20. The company registered a total turnover of Rs. 152.00 cr in H1 ending September 2019. Profit befo
Posted Date :  15-11-19

Read more

ITDC observes Vigilance Awareness Week

New Delhi: India Tourism Development Corporation Ltd. (ITDC) hospitality major under the aegis of the Ministry of Tourism, Govt. of India observed ‘Vigilance Awareness Week’, starting October 28th to November 02nd, 2019.  The theme this year is “Integrity – A way of life”.  All th
Posted Date :  05-11-19

Read more

ITDC Celebrates International Yoga Day

New Delhi: India Tourism Development Corporation (ITDC) celebrated International Yoga Day for the well-being and happiness of its women employees. The establishment organised a session on 'Yoga & Healthcare for Women' through its Human Resource Development division- Ashok Institute of Hos
Posted Date :  25-06-19

Read more

IRCON Declared its Financial Results for the FY 2019-20

New Delhi: Ircon International Limited has announced its financial results for the fourth quarter and year ended March 31, 2019.  The company has recorded revenue from operations of Rs.4,798 crore in FY19, a growth of 19 % over FY18 which was Rs.4,024 crore. Increase in revenue from operat
Posted Date :  29-05-19

Read more

IRCTC Festive Offer on Raksha bandhan

New Delhi: Indian Railways Catering & Tourism Corporation Ltd, a Govt. of India has come up with the latest offer for the citizens to celebrate Raksha Bandhan in Shri Lanka. The special tour of Shri Lanka covering the major tourist attractions including the places associated with the great epic R
Posted Date :  27-07-18

Read more