ITDC AT A GLANCE - India Tourism Development Corporation - The Ashok Group of Hotels

ITDC AT A GLANCE

WELCOME TO ITDC

ITDC is a Public Sector Undertaking under administrative control of the Ministry of Tourism. Incorporated on October 1, 1966, ITDC has played a key role in the development of tourism infrastructure in the Country. Broadly, the main objectives of the Corporation are:

  • Construction, management and marketing of Hotels & Catering units;
  • Providing tourist transport facities;
  • Providing Duty Free Shopping Facilities to the tourists;
  • Providing entertainment facilities to the tourists;
  • Providing convention and conference facilities;
  • Providing convention and conference facilities;Providing consultancy cum management services and training for tourism and hospitality related programme;
  • Production, distribution and sale of tourist publicity material;
  • Promoting tourism through food festivals, fairs and joint ventures in India and abroad

The Corporation provides one stop solution for Travel, Tourism and Hospitality related needs. At present 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 duty-free shopping facilities to the tourists (Presently only Seaports). The Corporation also has its presence in engineering related consultancy services and the ACES Division handles infrastructure related project works for Centre/various State Governments along with mounting of Sound and Light (SEL) Shows. Ashok Travel & Tours is a division which provides ticketing, tourist transport, tour packages and cargo related needs with reliable affordable services and having pan-India presence. The Ashok Institute of Hospitality & Tourism Management of the Corporation imparts training and education in the field of tourism and hospitality. Ashok Events is a leading event management agency handling Conferences, Exhibitions, Workshops/ Seminars and other National and international event

The Authorized Capital of the Corporation is Rs 150 crores and the Paid Up Capital as on 31.03.2023 is Rs 85.77 crores. The share holding pattern as on 31.03.2023 is as under :

  • The Government of India                           87.03%
  • The Indian Hotels Company Ltd.              7.87%
  • Other Bodies Corporate                             0.12%
  • General Public, Employees etc                  2.81%
  • Qualified Institutional Buyers.                  2.17%

Presently, ITDC has a network of 3 Ashok Group of Hotels, 1 Joint Venture Hotel, 1 Restaurant, 5 ATT Units, 14 Duty Free Shops at Sea ports. Besides, ITDC is also managing catering services at Western Court, Vigyan Bhawan, Hyderabad House and Parliament House.

To reinvent itself in the changing scenario, ITDC besides consolidating its remaining business area, diversified into new service-oriented business activities like consultancy and execution of tourism and engineering projects, training/education in the tourism and hospitality sectors, event management and mounting of Sound & Light Shows.

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