Business Standard
Friday, Jun 01, 2012
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||Companies & Industry||||||| 
 Section Home | News Now | Today's Paper | Q&A | People in the News | Industry News | Features | The Compass | Research & Analysis | Opinion | Corporate Results
Home > Companies & Industry Live Markets | Commodities
 

WBTDC in restructuring mode
Nivedita Bhaduri & Sohini Das / Kolkata Mar 30, 2009, 00:09 IST

The West Bengal Tourism Development Corporation (WBTDC) will undergo restructuring along the lines of a final draft report prepared by consulting agency, Mott Macdonald.

Mott Macdonald has suggested promotion of tourist destinations and products, with private participation, as a revenue stream.

 
TVN Rao, managing director of WBTDC, said that it could done through acquiring land and developing the basic infrastructure through the tendering process. The report has also proposed that the corporation should develop a land bank.

WBTDC currently promotes around 24 tourism packages, which would have to be increased along with concentrating on promoting destinations in West Bengal, according to the report.

The corporation would also have to increase commercial spend on these destinations.

The report was expected to be approved by the government of West Bengal, by April, informed Rao.

The upgradation and growth plan would have to be undertaken in the next six-seven months.

The report has indicated that WBTDC would have to achieve a turnover of Rs 56 crore by 2015 from the current level of Rs 26 crore. For the next three years, capital investment was pegged at Rs 63 crore, with a net profit of Rs 5-6 crore, as projected by the report.

Further, upgrading nine tourist lodges at Digha, Durgapur, Shantiniketan, Mainak, Udayachal, Darjeeling, Kalimpong, Jaldapara and Sajnakhali to three star category had also been recommended. The restructuring in this case would entail increasing the number of rooms to 500 from 300.

Provision of banquet halls along with conferencing facilities would be developed, said Rao. The report suggested that the corporation should acquire around 20 deluxe buses over a period of three years.

Currently the tourism corporation owns no such buses. This apart, the draft laid down details that the corporation should acquire a fifth vessel apart from upgrading the already existing tourist launches. At present, there were four.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Sensex ends below 16,000 on eco growth concerns
- Foundation stone for NTPC's Kudgi plant to be laid tomorrow
- Discretionary clients drive Infosys guidance lower
- Directi applies for 31 web suffixes invests $30mn so far
- FCI's grain stocks to touch 80 mn tonne by June-end
  Read Business news in 
- "Discover The Power of One"
- Help a Child Achieve her. Click to know more
- Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol.
- Watch The Film Here. Click here to know more..
- A Brand New Server at a Price That Fits Your Budget. Click here
- One Partnership Endless Possibilities. Click here to know more
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- Slowdown gets worse, GDP growth sinks to 9-year low
- Ambani of the Gulf bets big on Indian market
- India Inc ready to shift to other side of the dot on www
- Lines cleared for free nationwide roaming, govt to take final call
- M&M has a Rs 7,500-cr spending plan over three years
 
 More  
Tax Shastra
  Now available at Special price
  Rs. 360/- Only

  Buy Now
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us