India Trade Promotion Organisation

Dear Sir,

India Trade Promotion Organisation { a company registered under Section 25 of Indian Company Act 1956} has been setting up Regional Trade Promotion Centres (RTPCs) in State capitals and other metropolitan Cities. The idea of setting up such RTPCs was mooted with the intention of promoting direct participation of State Governments in the export promotion measures envisaged by the Central Govertnment.

As a nodal agency of the Government of India, ITPO has already set up two Regional Trade Promotion Centres in Tamil Nadu and Karnataka. In both cases, the companies were incorporated and registered under Section 25 of the Companies Act 1956 as subsidiary of ITPO. 51% of the shareholding in both the companies is in the name of ITPO and remaining 49% of equities are retained by the respective State Governments.

ITPO's expertise in running the Trade Promotion Centre has been sought in different forms to conceive and implement the Trade Centre locally. There may be changes in the capital Structure/project and different models may come up with public private partnership.

ITPO, now needs to have well studied business model which safeguards the interests of ITPO in joining hands with other State Governments under similar proposals. Bids from professional agencies are invited for drawing up a policy through an approach paper on the issue inter-alia covering guidelines to be followed for partnership with State governments in setting up of Trade Promotion Organisation. The interested agency will submit their technical and financial bids
in separate sealed envelopes addressed to Sr. General Manager, Financial Adviser and Company Secretary, India Trade Promotion Organisation, Pragati Maidan, New Delhi latest by 4.00 PM on 20th June, 2008.

Thanking you,
Yours faithfully,

(A.K.KHANNA)

SGM/FA/CS
For and on behalf of India Trade Promotion Organisation