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Navi Mumbai and Visakhapatnam duty-free shops emerge winners under motivational scheme run by AITD-ITDC

Posted : 23 November 2022 11:52:59 | By TWO Bureau | GNN Bureau

Navi Mumbai and Visakhapatnam duty-free shops emerge winners under motivational scheme run by AITD-ITDC

The ‘motivational scheme’ award distribution ceremony was recently held at The Ashok in New Delhi by Ashok International Trade Division (AITD), an integral part of India Tourism Development Corporation (ITDC).



AITD had, in an endeavour to promote growth and scalability, introduced a motivational scheme programme that monitored the growth in financial targets achieved by duty-free shops. The scheme evaluated quarter and annual growth of all duty-free shops across 14 seaports operated by ITDC. 



G Kamala Vardhana Rao (IAS), Managing Director, ITDC, and Lokesh Kumar Aggarwal, Director (Finance), ITDC, felicitated Mukesh Kumar Sharma, representing the Navi Mumbai seaport duty-free shop and A Venkataramana from Visakhapatnam seaport duty-free shop, who were adjudged at the ceremony as the Platinum Star Performer and Golden Star Performer for their stellar contributions, respectively. 



Piyush Tiwari, Director (Commercial & Marketing), ITDC, said: “ITDC is ecstatic about the results of FY2021-22 of the division. The division’s financial performance has been the best in the last 14 years, both in terms of revenue and profits, even during the challenging times of the pandemic. Furthermore, our aim is to grow cruise tourism around India’s coastal towns and to expand the AITD division to a larger base by covering all coastal areas of India.”



In FY2021-22, the trade division witnessed its highest ever turnover and profit since FY2008-09.




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Tags : #itdc, #lokesh-aggarwal, #director-finance-itdc, #funds-mobilization, #global-source, #dutyfree, #AITD, #Navi-mumbai, #visakhapatnam,


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