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IIFT Celebrates 63 Years: Piyush Goyal Lauds Its Role in Global Trade Policy

Union Minister Piyush Goyal praised the Indian Institute of Foreign Trade (IIFT) for its contributions to India's global trade policy and research on its 63rd Foundation Day. Commerce Secretary Rajesh Agrawal highlighted IIFT's role in nurturing future leaders and its expanding campus network. Chairman Anil Sahasrabudhe emphasized the need for multilingual education to enhance accessibility. Vice Chancellor Prof. Rakesh Mohan Joshi noted recent growth, including academic conferences and the Australia-India Business Compendium.

Key Points: Piyush Goyal Praises IIFT's Global Trade Policy Impact

  • IIFT marks 63rd Foundation Day
  • Piyush Goyal lauds its policy & research role
  • Commerce Secretary Rajesh Agrawal highlights global ambitions
  • Anil Sahasrabudhe stresses multilingual education
  • Vice Chancellor notes conference growth & Australia-India compendium
2 min read

IIFT contributing to policy, research in global trade: Piyush Goyal

Union Minister Piyush Goyal lauds IIFT on its 63rd Foundation Day for shaping India's global trade policy, research, and capacity building.

"IIFT is a premier institution contributing to India's global trade and policy landscape - Piyush Goyal"

​New Delhi, May 2 Union Commerce and Industry Minister Piyush Goyal on Saturday lauded the Indian Institute of Foreign Trade as a premier institution contributing to India's global trade and policy landscape, as the institute marked its 63rd Foundation Day.​

In a message shared on a social media platform, the minister highlighted IIFT's role in shaping the country's international trade and management ecosystem through its contributions to policy, research, and capacity building.​

Meanwhile, Commerce Secretary, Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry, Rajesh Agrawal, congratulated the institute, noting that it has consistently supported India's global trade ambitions through high-quality education and research.​

He said IIFT's presence across its campuses in New Delhi, Kolkata, Kakinada, and GIFT City reflects its expanding footprint and global outlook.​

Agrawal added that the institute continues to play a key role in nurturing future leaders in international business and has undertaken several initiatives in recent years to strengthen its academic and research ecosystem, deepen alumni engagement, and expand its reach.​

Speaking at the 63rd Foundation Day event as a Chief Guest, Chairman of the National Board of Accreditation and National Educational Technology Forum, Anil Sahasrabudhe, emphasised the need for multilingual education to improve accessibility and outreach.​

He said institutions like IIFT are increasingly relevant in preparing students to navigate a volatile, uncertain, complex, and ambiguous global business environment.​

In addition, Vice Chancellor IIFT, Prof. Rakesh Mohan Joshi, highlighted the institute's recent growth, including the organisation of five major academic and research conferences and the hosting of its first Vice-Chancellors' Conclave 2026, focused on the internationalisation of higher education in India.​

He also noted the launch of the Pitch Perfect Australia-India Business Compendium under IIFT's Case Research Centre, aimed at promoting research-led innovation and experiential learning.​

- IANS

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Reader Comments

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Sneha F
Piyush Goyal's words are encouraging, but I hope this isn't just lip service. IIFT alumni often struggle with placement competition from IIMs. The institute needs more tangible industry partnerships and government support to really excel on the global stage. Research is good, but practical application matters more for students.
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Rohan X
As someone who followed IIFT's growth from Kakinada campus, I'm impressed. The Vice-Chancellors' Conclave 2026 focusing on internationalisation is exactly what Indian higher education needs. But multilingual education push is interesting - will help students from smaller cities. Need more such initiatives. 👍
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Priyanka N
63 years of IIFT! Amazing journey. The Pitch Perfect Australia-India Business Compendium sounds promising - research-led innovation can really boost trade ties. But I wonder if the institute is doing enough to address India's trade deficit issues? Academic accolades are fine, but real-world impact on exports matters more.
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Nikhil C
Finally some good news for IIFT! The institute has been quietly producing top trade professionals for decades. However, I wish the government would invest more in research infrastructure for trade policy analysis. We're lacking in data-driven policy making compared to countries like Singapore. Still, congratulations to all! 🎉
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Shweta Y
Happy Foundation Day to IIFT! The emphasis on multilingual education by Anil Sahasrabudhe is much needed. India's trade is not just with English-speaking nations - our businessmen in Gujarat, Tamil Nadu, and Punjab need local language resources too. Hope IIFT leads the way in this. 👏

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