Indian Institute of Foreign Trade celebrates 63rd Foundation Day milestone in trade education and global business studies IndiaIIFT marks its 63rd Foundation Day, celebrating excellence in international trade education

The Indian Institute of Foreign Trade marked its 63rd Foundation Day, celebrating its legacy as one of India’s premier institutions in international trade, management, and policy research.

On this occasion, Union Minister Piyush Goyal congratulated the institute and highlighted its crucial role in advancing India’s global trade ecosystem.

A Premier Institution in Global Trade

Established under the Ministry of Commerce and Industry, IIFT has consistently contributed to:

  • International trade education
  • Policy research and advisory
  • Capacity building in global business

It has emerged as a key think tank supporting India’s trade ambitions.

Leadership Messages and Highlights

Government Perspective

Piyush Goyal praised IIFT for:

  • Shaping India’s trade and management landscape
  • Contributing to policy and research excellence

Institutional Growth

Rajesh Agrawal (Commerce Secretary) noted:

  • Expansion across four campuses:
    • New Delhi
    • Kolkata
    • Kakinada
    • GIFT City

Reflects IIFT’s growing national and global footprint.

Academic Vision

Chief Guest Anil Sahasrabudhe emphasized:

  • Importance of multilingual education
  • Relevance of IIFT in a VUCA world (Volatile, Uncertain, Complex, Ambiguous)

Why IIFT Matters?

For India:

  • Builds future leaders in international business
  • Supports trade policy formulation

For Global Trade:

  • Acts as a bridge between academia and industry
  • Promotes research-driven global engagement

Conclusion:

The 63rd Foundation Day of IIFT underscores its enduring contribution to India’s trade and economic landscape. With expanding campuses, stronger research focus, and global collaborations, IIFT continues to shape India’s future in international commerce and policy leadership.

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