IIFT gets approval for off-campus centre at GIFT City, Gujarat
The Ministry of Education has approved an off-campus centre of the Indian Institute of Foreign Trade at GIFT City, Gandhinagar, Gujarat, which will offer IIFT's flagship MBA (International Business), the Commerce Ministry said on 6 May 2025.
Summary
The Ministry of Education has approved the establishment of an off-campus centre of the Indian Institute of Foreign Trade (IIFT), New Delhi, at GIFT City, Gandhinagar, Gujarat, the Ministry of Commerce and Industry said on 6 May 2025. The approval under Section 3 of the UGC Act, 1956, follows IIFT's compliance with the conditions of a Letter of Intent issued in January 2025, and the centre will be set up under the UGC (Institutions Deemed to be Universities) Regulations, 2023. Located on the 16th and 17th floors of GIFT Tower 2, it will offer the flagship MBA (International Business) along with short-term training and research in international trade. IIFT was established in 1963 under the Ministry of Commerce and Industry.
Key facts
- Announced
- 6 May 2025
- Approved by
- Ministry of Education, under Section 3 of the UGC Act, 1956
- Location
- GIFT Tower 2 (16th–17th floors), GIFT City, Gandhinagar
- Programme
- MBA (International Business)
- IIFT founded
- 1963
Practice MCQs 2 questions
In which year was the Indian Institute of Foreign Trade (IIFT), which got approval for a GIFT City centre in May 2025, established?
Show answer
Correct answer: B — 1963
IIFT was established in 1963 under the Ministry of Commerce and Industry. 1956 is the year of the UGC Act and 2023 of the deemed university regulations.
Consider the following statements about IIFT's GIFT City centre: 1. The approval was given by the Ministry of Education under Section 3 of the UGC Act, 1956. 2. The centre will offer IIFT's flagship MBA (International Business) programme. Which of the statements given above is/are correct?
Show answer
Correct answer: C — Both 1 and 2
Both are correct, as per the Commerce Ministry release of 6 May 2025.