Has IIFT Taken a Giant Leap by Opening Its First Overseas Campus in Dubai?
Synopsis
Key Takeaways
- IIFT has launched its first international campus in Dubai.
- This move enhances India's role in international business education.
- The initiative aligns with the vision of NEP 2020.
- It strengthens the India-UAE partnership.
- IIFT is committed to shaping future global business leaders.
New Delhi, May 16 (NationPress) - The Indian Institute of Foreign Trade (IIFT), an autonomous institution under the Ministry of Commerce and Industry, announced the launch of its inaugural overseas campus in Dubai on Friday.
This pivotal move signifies a significant advancement in IIFT’s global outreach and enhances India’s role in the realm of international business education.
The Commerce Ministry stated that this landmark initiative received all necessary approvals from the Ministry of Education, along with 'No Objection Certificates' from the Ministry of External Affairs, Ministry of Home Affairs, and the University Grants Commission (UGC).
“This is a proud milestone in the globalization of Indian higher education and aligns with the vision of NEP 2020, which focuses on the internationalization of Indian institutions and the establishment of global learning hubs,” the ministry remarked.
Union Commerce and Industry Minister Piyush Goyal emphasized that this development embodies the spirit of NEP 2020, ushering in a new era for the internationalization of Indian education and its increasing influence in shaping global thought leadership.
“It also underscores the strengthening of the India-UAE partnership, with this new campus poised to play a crucial role in cultivating the business leaders of tomorrow,” Goyal noted.
Congratulating IIFT on its first international venture, Commerce Secretary Sunil Barthwal called this a transformative milestone in the institute's 62-year history, marking the establishment of a fully operational campus in Dubai.
This represents India's rise as a provider of world-class education, especially in International Trade. Barthwal praised the institute for consistently aligning its academic and research goals with national interests, significantly contributing to exports.
Professor Rakesh Mohan Joshi, Vice Chancellor of IIFT, reiterated his ambition to elevate IIFT into a premier global institution, excelling in research and training in the domain of International Trade.
He reaffirmed IIFT’s dedication to enhancing India’s academic and economic diplomacy through top-tier education and research. With the launch of its Dubai campus, IIFT is set to extend the Indian legacy of education into new horizons, nurturing leaders who will shape the future of international trade and commerce.