and covered auditoriums with a combined capacity for 5500 and 1000 persons respectively, lounge areas, business centre facilities, etc. The existing facilities are being used by Industry, various Ministries, Govt. Departments and State Governments to present their policies, initiatives and achievements by supporting/holding exhibitions, conventions and other trade related events. ITPO has an extensive infrastructure as well as marketing and information facilities that are availed by both exporters and importers. ITPO had had overseas offices at New York City, Frankfurt, Tokyo, Moscow and São Paulo for pursuing opportunities for enhancement of India's trade and investment. However, all overseas offices are now closed by ITPO. ITPO has four Regional Offices: Chennai Kolkata Mumbai The Regional Offices, through their respective profile of activities, ensure a concerted and well coordinated trade promotion drive throughout the country. Subsidiaries ITPO has two subsidiaries namely Tamil Nadu Trade Promotion Organisation (TNTPO) and Karnataka Trade Promotion Organisation (KTPO) with share holding of 51 percent in each of them. With the commissioning of the state-of-the-art Chennai Trade Centre (CTC) in January 2001 and the Trade Centre Bangalore in September 2004, ITPO has successfully completed the first phase of the setting-up of modern exhibition facilities outside Delhi. In FY 2015–2016, TNTPO and KTPO registered revenues of about INR 315 million and INR 48 million respectively and have reserves of about INR 1840 million and INR 390 million respectively. The Chennai Trade Centre, which is now spread across 14,000 sqm, is planned to be expanded by addition of 6,000 sqm and ITPO is seeking approval from the board of the TNTPO for the same. In 1995, ITPO launched 50:50 Joint subsidiary with National Informatics Centre (NIC) in the form of National Centre for Trade Information (NCTI), for collection and dissemination of trade data and improving Business Information Services to the business community, especially SME. In 2015–2016, NCTI registered operational loss of about INR 2 million and net negative assets of about INR 4 million. ITPO had coordinated the construction of exhibition-cum-trade complex Maniram Dewan Trade Centre (Guwahati) for Assam Trade Promotion Organisation under 'Assistance to States for Developing Export Infrastructure and Allied Activities (ASIDE) Scheme, for facilitating trade in North-Eastern States. International Trade and Convention Centre (Kerala) is proposed joint venture project of Indian Trade Promotion Organisation (ITPO) and Kerala Industrial Infrastructure Development Corporation (Kinfra) at 25 acres of land in the Kinfra Export Promotion Industrial Park in Kakkanad. The