NEW DELHI – The Indian Institute of Foreign Trade (IIFT), an autonomous body under the Ministry of Commerce and Industry, celebrated its 63rd Foundation Day on May 2, 2026. The event highlighted the institute’s evolving role in shaping India’s global trade policy and its expanding national footprint.
Strategic Recognition and Vision
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Ministerial Commendation: Union Minister Piyush Goyal congratulated the institute, emphasizing its role in advancing India’s international trade landscape through policy research and capacity building.
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Global Ambitions: Commerce Secretary Rajesh Agrawal noted that IIFT’s presence in New Delhi, Kolkata, Kakinada, and GIFT City reflects its commitment to building future leaders in international business.
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Navigating Complexity: Chief Guest Prof. Anil Sahasrabudhe emphasized that IIFT’s curriculum is essential for navigating today’s volatile and complex global business environment.
Recent Growth and Digital Initiatives
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Research Milestones: Vice Chancellor Prof. Rakesh Mohan Joshi highlighted recent successes, including the first Vice-Chancellors’ Conclave 2026 on the internationalization of higher education.
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Innovative Compendium: The institute launched the Pitch Perfect Australia–India Business Compendium to foster research-led innovation and global case research.
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Digital Presence: A new IIFT website was unveiled during the foundation day to improve accessibility and digital engagement for stakeholders.
Institutional Felicitations
The celebration included a special recognition for Lt. Col. Trivedi Paragkumar, an IIFT student who was awarded the Vishisht Seva Medal. Additionally, the institute honored retired employees and staff members who have completed 25 years of service.

