JITO was formally constituted on 20th March 2007 and it has been decided to celebrate it as JITO Foundation Day. It will be celebrated by JITO Chapters across the country on the same day. It would be ensured by each Chapter that eminent personalities of respective area who have not become a part of JITO are invited with family.

The awards to be given to the achievers in the field of Business, Trade & Industry, Education, CSR & Sports.