India Tourism Development Corp. to develop mega-tourism project

The India Tourism Development Corporation (ITDC) has signed an MOU with Hyderabad-based M/s Suraas Impex for developing a mega tourism destination project at Bairav Lanka in Kakinada, East Godavari District of Andhra Pradesh for an estimated cost of Rs 550 crores in the initial phase I. This project is the first of its kind for the state-owned ITDC with any private player.

ITDC was incorporated in 1966 with a mandate to develop and expand tourism infrastructure in the country. The corporation has been moving ahead with consistent efforts on development, growth, and world-class services and amenities to its guests. Apart from running hotels, the ITDC has diversified into non-hotel sectors like ticketing, tours and travels, event management, duty-free shopping, publicity and printing consultancy, engineering consultancy, mounting sound and light shows, hospitality education, and skill development.

During the signing ceremony, dignitaries present included Ms. Ravneet Kaur, IAS, Chairperson and Managing Director (C&MD), ITDC; Mr. Piyush Tiwari, Director (Commercial & Marketing), ITDC; and Mr. Ravi Pandit, General Manager, Ashok Consultancy & Engineering Services (ACES), ITDC as well as officers from Suraas Impex.