Latest news with #IIFT
India Gazette
16-05-2025
- Business
- India Gazette
IIFT expands global footprint with first overseas campus in Dubai
New Delhi [India], May 16 (ANI): The Indian Institute of Foreign Trade (IIFT), an autonomous body under the Ministry of Commerce and Industry, has announced the establishment of its first overseas campus in Dubai. This marks a key step in expanding IIFT's global presence and strengthening India's engagement in international business education. A Commerce and Industry Ministry release said the step marks a proud moment in the globalisation of Indian higher education and aligns with the vision of NEP 2020, which emphasizes the internationalisation of Indian institutions and the creation of global learning hubs. Union Commerce and Industry Minister Piyush Goyal expressed his happiness and congratulated IIFT on the landmark achievement. 'This truly reflects the spirit of the National Education Policy 2020, marking a new chapter in the internationalisation of Indian education and its growing role in shaping thought leadership globally. It is also a testament to the strengthening India-UAE partnership, and this new campus will play a pivotal role in moulding the business leaders of tomorrow,' he said. Commerce Secretary Sunil Barthwal congratulated IIFT on its maiden international expansion and said it's a turning point in the institute's 62-year history that it is setting up a full-fledged campus in Dubai. He said it represents India's emergence as a country that provides world-class education especially in the field of International Trade. He commended the institute for consistently aligning its academic and research endeavours in national interest, which would contribute significantly to promote exports. Rakesh Mohan Joshi, Vice Chancellor (IIFT), reiterated his commitment to transform IIFT into a world-class institute and make a mark in its newly upcoming Dubai campus by excelling in research, training and research in the area of International Trade. He reaffirmed IIFT's commitment to advancing India's academic and economic diplomacy through excellence in education and research. The release said that the upcoming Dubai campus reflects India's deepening educational collaboration with the UAE and is poised to become a strategic centre for nurturing global business leaders equipped with Indian values and an international outlook. 'It will not only serve the dynamic needs of the Indian diaspora and global learners but also strengthen India's educational footprint in the Gulf region,' the release said. 'With the launch of its Dubai campus, IIFT is poised to carry the Indian legacy of education to new frontiers--grooming leaders who will shape the future of international trade and business,' it added. (ANI)
India Today
16-05-2025
- Business
- India Today
Global trade, Indian roots: Indian Institute of Foreign Trade launches campus in Dubai
The Indian Institute of Foreign Trade (IIFT) is set to open its first overseas campus in Dubai, the Ministry of Commerce and Industry announced on Friday. This marks a major step in implementing the internationalisation goals of the National Education Policy (NEP) Dubai campus has received approvals from key bodies including the Ministry of Education, Ministry of External Affairs, Ministry of Home Affairs, and the University Grants Commission (UGC).advertisementThe Dubai centre will offer the same academic standards and training as the Indian campuses. It aims to serve international students as well as the Indian community based in the programmes will focus on international trade, economics, and business policy. According to the ministry, this move will help India strengthen its global academic offered will include the MBA in International Business, MA in Economics (Trade and Finance), Executive Diplomas for working professionals, and doctoral programmes. Admissions will follow the current process of entrance exams, followed by group discussions and AND OTHER DETAILSEstablished in 1963, IIFT currently runs its main campuses in Delhi and Kolkata. This will be the first time the institute sets up operations outside Vice Chancellor Prof Rakesh Mohan Joshi said the Dubai campus will reflect the institute's academic vision while adapting to the needs of the global added that the expansion is part of India's strategy to connect education with diplomatic and trade Dubai campus is expected to start functioning soon. It will run both full-time and executive courses designed to meet the region's industry requirements and business initiative follows similar global moves by other Indian institutions, such as IIM-Ahmedabad, and marks a growing trend in India's higher education reaching beyond borders.
NDTV
16-05-2025
- Business
- NDTV
IIFT Expands Global Footprint With First Overseas Campus In Dubai
New Delhi: Indian Institute of Foreign Trade (IIFT), an autonomous body under the Ministry of Commerce and Industry, has announced the establishment of its first overseas campus in Dubai. This marks a key step in expanding IIFT's global presence and strengthening India's engagement in international business education. A Commerce and Industry Ministry release said the step marks a proud moment in the globalisation of Indian higher education and aligns with the vision of NEP 2020, which emphasizes the internationalisation of Indian institutions and the creation of global learning hubs. Union Commerce and Industry Minister Piyush Goyal expressed his happiness and congratulated IIFT on the landmark achievement. "This truly reflects the spirit of the National Education Policy 2020, marking a new chapter in the internationalisation of Indian education and its growing role in shaping thought leadership globally. It is also a testament to the strengthening India-UAE partnership, and this new campus will play a pivotal role in moulding the business leaders of tomorrow," he said. Commerce Secretary Sunil Barthwal congratulated IIFT on its maiden international expansion and said it's a turning point in the institute's 62-year history that it is setting up a full-fledged campus in Dubai. He said it represents India's emergence as a country that provides world-class education especially in the field of International Trade. He commended the institute for consistently aligning its academic and research endeavours in national interest, which would contribute significantly to promote exports. Rakesh Mohan Joshi, Vice Chancellor (IIFT), reiterated his commitment to transform IIFT into a world-class institute and make a mark in its newly upcoming Dubai campus by excelling in research, training and research in the area of International Trade. He reaffirmed IIFT's commitment to advancing India's academic and economic diplomacy through excellence in education and research. The release said that the upcoming Dubai campus reflects India's deepening educational collaboration with the UAE and is poised to become a strategic centre for nurturing global business leaders equipped with Indian values and an international outlook. "It will not only serve the dynamic needs of the Indian diaspora and global learners but also strengthen India's educational footprint in the Gulf region," the release said. "With the launch of its Dubai campus, IIFT is poised to carry the Indian legacy of education to new frontiers--grooming leaders who will shape the future of international trade and business," it added.
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Business Standard
16-05-2025
- Business
- Business Standard
IIFT to open its first overseas campus in Dubai, receives govt approval
The Indian Institute of Foreign Trade (IIFT), under the commerce ministry, is set to establish its first international campus in Dubai, following approvals from multiple ministries and the University Grants Commission. Announcing the move on Friday, IIFT said it has received clearances from the Ministry of Education, the Ministry of Home Affairs, the Ministry of External Affairs, and the UGC. The Dubai campus, pending final permissions from the UAE, aims to cater to the Indian diaspora and international students while enhancing India's academic presence in the Gulf region. Commerce and Industry Minister Piyush Goyal said the development 'truly reflects the spirit of the National Education Policy 2020, marking a new chapter in the internationalisation of Indian education and its growing role in shaping thought leadership globally'. No diversion of finance to Dubai The Ministry of Education clarified, 'There shall be no diversion of faculty, academic infrastructure, or financial resources from IIFT's New Delhi campus to the Dubai centre,' ensuring the domestic institution remains unaffected. Established in 1963, IIFT provides professional education focused on international business. It currently offers a range of long-term programmes, including an MBA (International Business) and a PhD in management at its Delhi and Kolkata campuses. IIFT New Delhi goes global! With the NoC from @MEAIndia, @HMOIndia & @ugc_india, @EduMinOfIndia approves @iift_official 's Off-shore Campus in Dubai, UAE. A proud milestone in the internationalisation of Indian education echoing the vision of NEP 2020 and showcasing India's… — Ministry of Education (@EduMinOfIndia) May 15, 2025 IIT opens foreign campus IIFT's expansion follows the 2023 opening of IIT Madras' first offshore campus in Zanzibar, Tanzania —India's first international IIT campus. That initiative offered Data Science and AI programmes to students from Zanzibar, Tanzania, Nepal, and India. More such campuses are in the pipeline across the UAE, Egypt, Saudi Arabia, Malaysia, Thailand, and the UK. Indian private universities with campuses abroad Indian private institutions have also gone global. The SP Jain School of Global Management runs campuses in Dubai, Singapore, and Sydney, while Vellore Institute of Technology launched its Dubai campus in 2017, offering engineering, business, and tech programmes.
News18
16-05-2025
- Business
- News18
IIFT To Open First Offshore Campus In Dubai, Gets Govt Approval
Last Updated: The Indian Institute of Foreign Trade's Dubai campus will not help strengthen India's educational footprint in the Gulf region, IIFT said. The government has greenlit a proposal from the commerce ministry's Indian Institute of Foreign Trade (IIFT) to set up its first overseas campus in Dubai, according to PTI. The institute has received approvals from the Ministry of Education, along with no-objection certificates from the Ministry of Home Affairs, the Ministry of External Affairs, and the University Grants Commission. IIFT has announced that the Dubai campus is designed to meet the evolving needs of the Indian diaspora and international students, while also enhancing India's educational footprint in the Gulf region, the report added. Commerce and Industry Minister Piyush Goyal said, 'This truly reflects the spirit of the National Education Policy 2020, marking a new chapter in the internationalisation of Indian education and its growing role in shaping global thought leadership." Before opening the campus, the institute will obtain the required permissions from the UAE, it stated. The Ministry of Education assured that there will be no reallocation of faculty or academic infrastructure from IIFT's existing campus in New Delhi or its constituent units. According to the ministry's order dated May 15, no financial resources generated from IIFT's domestic campus in New Delhi will be diverted to the proposed Dubai campus. The institute's diverse range of long-term programmes caters to both aspiring international business executives and mid-career professionals. These include a two-year MBA (International Business) at New Delhi and Kolkata, and a PhD (Management) programme at Delhi and Kolkata. First Published: May 16, 2025, 15:26 IST
