TTDC was incorporated during July 1971 under the Companies Act 1956. The entire share capital of Rs.678.63 lakhs has been subscribed by the State Government.

TTDC was formed with the objective of promoting tourism in Tamilnadu by providing infrastructure facilities of transport and accommodation.

To fulfil this objective, TTDC has expanded its activities into 3 main operations, namely, Hotels, Transport and Fairs.