Indian Institute of Foreign Trade Gets Approval To Set Up Off-campus Centre In Gujarat’s Gift City

NEW DELHI: The Indian Institute of Foreign Trade (IIFT), New Delhi, has got an approval from the Ministry of Education to set up an off-campus centre in the GIFT City of Gandhinagar in Gujarat.

The centre will be set up per the UGC (Institutions Deemed to be Universities) Regulations, 2023, the Ministry of Commerce and Industry said in a statement.

The approval was issued under Section 3 of the UGC Act, 1956, after the IIFT’s compliance with the conditions laid out in the Letter of Intent (LoI) issued in January 2025.

This included submission of a development roadmap to establish a multidisciplinary institution with over 1,000 students, availability of qualified faculty, detailed academic programmes, plans for a permanent campus, and creation of a state-of-the-art library.

“The Ministry of Education, on the advice of the University Grants Commission (UGC), has approved the establishment of an off-campus centre of the Indian Institute of Foreign Trade (IIFT), New Delhi at GIFT Tower 2 (Floors 16 & 17), GIFT City, Gandhinagar, Gujarat,” the Ministry of Education posted on its official handle on social media platform X.

📢 The Ministry of Education, on the advice of the University Grants Commission (UGC), has approved the establishment of an off-campus centre of the Indian Institute of Foreign Trade (IIFT), New Delhi at GIFT Tower 2 (Floors 16 & 17), GIFT City, Gandhinagar, Gujarat.

This… pic.twitter.com/x6GJ1wLNDS

— Ministry of Education (@EduMinOfIndia) May 5, 2025

The upcoming campus will be located on the 16th and 17th floors of GIFT Tower two. It will offer IIFT’s flagship MBA International Business programme, along with specialised short-term training courses and research in international trade and related fields.

The initiative aligns with the goals of the National Education Policy (NEP) 2020, which aims to promote multidisciplinary learning and expand access to high-quality education.

“The initiative marks a significant step toward expanding access to quality education and promoting multidisciplinary learning aligned with National Education Policy 2020,” said the Ministry of Education.

Union Minister of Commerce and Industry, Piyush Goyal, congratulated the IIFT.

“Heartiest congratulations to @IIFT_Official on getting approval to open its new off-campus centre in @GIFTCity_, India’s global financial hub. This paves the way for training talent in the institute’s flagship programme, MBA (International Business), besides short-term training programmes and research in the area of International Trade,” Piyush Goyal posted on X.

Heartiest congratulations to @IIFT_Official on getting approval to open its new off-campus centre in @GIFTCity_, India’s global financial hub.

This paves the way for training talent in the institute’s flagship programme, MBA (International Business), besides short-term training… pic.twitter.com/1TEWYRO5Mu

— Piyush Goyal (@PiyushGoyal) May 5, 2025

Established in 1963 under the Ministry of Commerce and Industry, IIFT is a premier institution dedicated to capacity building in international trade.

It was declared a Deemed to be University in 2002, holds an A+ grade from NAAC, and is accredited by AACSB, making it part of a select group of globally recognised business schools.