India Trade Promotion Organisation Annual Report 2016-17 Papers to be laid on the table of Lok Sabha / Rajya Sabha AUTHENTICATED India Trade Promotion Organisation 40th Annual General Meeting of ITPO in Progress Auditors Main Bankers M/s Grover, Lalla & Mehta Central Bank of India Chartered Accountants Canara Bank Union Bank of India 2 ITPO Head Office at New Delhi Contents Board of Directors 08 Key Executives 09 ITPO Offices in India 13 Chairman’s Statement 16 Notice of Annual General Meeting 25 Directors’ Report 30 Comments of the Comptroller and 75 Auditor General of India Accounts (i) ITPO Standalone 95 (ii) ITPO Consolidated 143 BOARD OF DIRECTORS India Trade Promotion Organisation Shri L.C.Goyal Chairman & Managing Director (w.e.f. 2.9.2015) Shri J.K. Dadoo Shri Manoj Joshi Smt. Alka Nangia Arora Addl. Secretary & Financial Adviser Joint Secretary Joint Secretary Ministry of Commerce and Industry Ministry of Micro Small & Medium Enterprises Ministry of Micro Small & Medium Enterprises (w.e.f. 13-8-2015) (Up to 16-8-2017) (w.e.f. 17-8-2017) Shri Sanjay chadha Shri K. Nagaraj Naidu Shri P.N. Vijay Joint Secretary Joint Secretary (ED) Director Ministry of Commerce and Industry Ministry of External Affairs (w.e.f. 10-6-2016) (w.e.f. 30-3-2016) (w.e.f 7-7-2015) Smt. Shubhra Singh Shri Rajneesh Shri Deepak Kumar Executive Director Executive Director Executive Director (Up to 09-2-2017) (Up to 24-5-2017) (w.e.f. 25-5-2017) 8
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