KTC meaning in Business ?

Answer:

What is Kadamba Transport Corporation mean?

Kadamba Transport Corporation (Konkani: कदंब येरादारी म्हामंडळ) abbreviated as KTC is a Government of Goa road transport undertaking. It was set up in 1980 by then Chief Minister Pratapsingh Rane. Goa has long been dependent on privatised bus-transport, and the blue-and-red-and-white Kadamba buses are an exception to this rule. While the KTC has provided transport and connectivity to Goa's main towns and rural hinterland, it has also, in recent years, faced charges of mismanagement, politicisation and corruption in some of its deals.

The corporation is named after the Kadambas of Goa and the royal lion emblem of the Kadambas is used a logo on its buses. The lion emblem logo became an integral part of KTCL since its inception in 1980 when the Corporation was set up to provide better public transport service.

In 2015–16, KTC had a total traffic revenue of 87.33 crore.

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