The Ministry of Education has approved the establishment of an off-campus centre of the Indian Institute of Foreign Trade (IIFT) at GIFT City, Gandhinagar, Gujarat, strengthening India’s trade education ecosystem.
Approval and Compliance
The approval, granted under Section 3 of the UGC Act, 1956, follows IIFT’s compliance with the Letter of Intent (LoI) issued in January 2025. IIFT submitted a roadmap for a multidisciplinary institution with over 1,000 students, ensured qualified faculty, detailed academic programmes, plans for a permanent campus, and a state-of-the-art library, aligning with UGC Regulations, 2023.
Minister’s Remarks
Union Minister of Commerce & Industry, Shri Piyush Goyal, congratulated IIFT, stating: “This paves the way for training talent in the institute's flagship programme, MBA (International Business), besides short-term training programmes and research in the area of International Trade.” The centre is set to enhance India’s position as a global financial hub.
Campus Details
Located on the 16th and 17th floors of GIFT Tower 2, the GIFT City campus will offer IIFT’s flagship MBA (International Business) programme, specialised short-term courses, and research in international trade, fostering multidisciplinary learning as per the National Education Policy (NEP) 2020.
About IIFT
Established in 1963 under the Ministry of Commerce & Industry, IIFT is a Deemed to be University (since 2002) with an A+ NAAC grade and AACSB accreditation. It is a globally recognised institution dedicated to capacity building in international trade.
Key Fact for Exams
National Education Policy (NEP) 2020: Aims to transform India’s education system by promoting multidisciplinary learning, research, and global competitiveness. A vital topic for UPSC and other competitive exams.
Why It Matters
The IIFT GIFT City campus will bolster India’s trade education and support its goal of becoming a global export powerhouse. Aspirants should note its relevance to India’s economic and educational policies.
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