ITDC Awarded ‘Fastest Growing Miniratna Award’ at 7th DSIJ PSU Annual Awards

ITDC has been awarded with the 7^th Dalal Street Investment Journal’s Best PSU Awards for 2015 under ‘Fastest Growing Miniratna’ title. The award was presented by Hon’ble Minister of State (independent charge) for Tourism and Culture and Civil Aviation, Dr. Mahesh Sharma at the 7th Dalal Street Investment Journal PSU awards 2015 held at The Ashok, New Delhi.

Receiving the honor on behalf of  ITDC, Shri Umang Narula dedicated this achievement to his colleagues, the employees at the organization. “Ever since ITDC came into existence in 1966, it has seen many changes and we still remain as beautiful as ever. All that we have achieved to deserve this award is under the dynamic leadership of Hon’ble Minister Shri Mahesh Sharma and undying support and dedication of all my colleagues, my team at ITDC to whom I dedicate this prestigious award.”

India Tourism Development Corporation, a government of India undertaking under the aegis of the Ministry of Tourism, Govt of India has been ranked no. 1 under the ‘miniratna-non manufacturing’ category, growing at the fastest rate owing to highest CAGR in net profit and operating profit in past three years. It has also excelled fellow PSUs while achieving highest net worth and return on capital employed.

Now in its 7^th edition, with these coveted awards, DSIJ has been recognizing the role of Public Sector corporations as important catalysts of industrial and economic development.

About India Tourism Development Corporation  

ITDC was incorporated in 1966 with a mandate to develop and expand tourism infrastructure in the country. The Corporation has been moving ahead with consistent efforts on development, growth and world class services and amenities to its guests. Apart from running Hotels the ITDC has diversified into non hotel sectors like Ticketing, Tours and Travels, Event Management, Duty Free Shopping, Publicity & Printing Consultancy, Engineering Consultancy, Mounting Sound & Light Shows, Hospitality Education and Skill Development – all under one roof.