IIFT Seeks Approval for GIFT City Campus, Bringing Global Trade Study to the Doorstep

In a big fillip to Indian higher education and Indian ambitions in global trade, the Indian Institute of Foreign Trade (IIFT) has got the green signal from the Ministry of Education to establish a new campus at GIFT City, Gandhinagar. For future students of international business, it is welcome news — a top-notch institution is opening shop in one of India's most thriving financial centers.

IIFT's new campus will be located in GIFT Tower-II and provide its highly sought-after MBA in International Business, short courses, and research programs in trade and finance. With the nature of international business changing at dizzying speeds, IIFT's move to GIFT City couldn't be better timed. The university will be imparting skills and knowledge to the next generation of students necessary to operate in a complex, fast-evolving world economy.

The penalty is also consistent with the UGC's 2023 guidelines as IIFT recently set out a holistic plan of action with a multidisciplinary academic infrastructure, a robust faculty list, intensive courses, and a modern, technologically well-furnished state-of-the-art library.

Union Minister Piyush Goyal encapsulated the euphoria on Twitter with the words, "Heartiest congratulations to IIFT on clearance to establish new off-campus center at GIFT City. Open up skilling talent in MBA (International Business) and international trade research." It also is a sign of the wider euphoria among policy-makers and experts who see this growth as an irreplacable addition to India's outreach outwards in international trade.

What makes the transition so vital is the spot. GIFT City has been coming up with tremendous speed as India's premier financial and fintech hub, and the who's who of national and international players are queuing up to come in. With IIFT included in the equation, students would get a chance to undergo favored opportunities of becoming almost akin to getting employment and directly working with industry doyens, policymakers, and intellectuals — classes being launchpads for activity in the actual world.

For the next generation of trade specialists and young professionals, the IIFT GIFT City campus will not be a classroom to study but a gateway to define India's position on the global map. As India continues to make its mark in an increasingly larger role in global trade and value chains, this new campus is a timely investment in India's most valuable asset: its people.