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ITPO targets revenue of Rs 228 crore from operations in FY17

ITPO is the nodal agency of the ministry to promote external trade

Press Trust of India  |  New Delhi 

ITPO targets revenue of Rs 228 crore from operations in FY17

(ITPO) targets a revenue of Rs 228 crore from operations in 2017-18, the commerce ministry said on Wednesday.

is the nodal agency of the ministry to promote external trade.


Quoting CMD L C Goyal, the ministry said for 2016- 17, the organisation is expecting to achieve "Excellent" rating as per the self evaluation of MoU targets.

"For 2017-18, the financial target for revenue from operations (gross sales) has been fixed at Rs 228 crore," it said.

Goyal, however, said that in view of the redevelopment project at ITPO, achieving various financial/ non-financial targets this year will be difficult.

"will, however make all efforts to achieve 'Excellent' rating as per the targets given by Department of Public Enterprises for 2017-18 and ensure delivery of better services to all stakeholders," he added.

Government-owned firms set targets every year under the memorandum of understanding (MoU).

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Wed, July 12 2017. 22:13 IST
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