Blitz Bureau
A new campus of the Indian Institute of Foreign Trade (IIFT) will be opened in Dubai soon. The campus will function from the India Pavilion at the Expo City in Dubai and will start its activities by offering short and medium-term training programmes as well as research opportunities.
This was announced by Union Minister of Commerce and Industry Piyush Goyal while virtually addressing the 57th convocation of IIFT in New Delhi.
Goyal emphasised the pivotal role the young graduates can play in securing a bright future of India.
He quoted Prime Minister Narendra Modi and said that India’s future is in the hands of the ‘Can Do’ generation of the youth. Goyal urged the graduates to embrace their roles as socially responsible professionals. He emphasised the critical importance of ethical business practices, underscoring how today’s organisations are expected to uphold Corporate Social Responsibility (CSR) principles.
The minister advised the young graduates to chart their paths to success through innovation, especially by engaging with emerging technologies like Artificial Intelligence (AI) and Machine Learning (ML).
He complimented the Chancellor, Vice Chancellor, faculty and the students in making IIFT a centre for academic excellence.
During the convocation, degrees were conferred to more than 650 students from various programmes. Sunil Barthwal, Chancellor, IIFT and Secretary, Department of Commerce, commended the graduating students for their determination and hard work in reaching this pivotal stage in their lives and encouraged them to apply their learnings from IIFT in their professional careers.
Barthwal highlighted IIFT’s recent achievements in research and consulting, noting that the institution has developed substantial expertise in analysing international business environments and creating strategic solutions for corporates.
He lauded IIFT’s stellar performance in the National Institutional Ranking Framework (NIRF) by the Ministry of Education, where it ranks among the top 15 B-schools in India.
