Indian Institute of Foreign Trade Expands to Dubai
The Indian Institute of Foreign Trade (IIFT) is set to open its first overseas campus in Dubai, located at the India Pavilion in Expo City. This new campus is expected to be operational by early 2025, offering short and medium-term training programs, research opportunities, and eventually its flagship MBA in International Business.
Benefits for the Indian Community
The new campus will benefit the 3.5 million-strong Indian community in the UAE and enhance the global recognition of the IIFT brand. Union Commerce Minister Piyush Goyal highlighted that this expansion is a significant step in transforming IIFT into a world-class institute.
Opportunities for Global Students
IIFT’s expertise in foreign trade will provide training and research opportunities not only for students and professionals in the UAE but also from around the world. Established in 1963, IIFT is a premier business institution in India, known for its excellence in international business research and education.
Collaboration with Expo City Dubai
IIFT will work with Expo City Dubai on research projects and knowledge-sharing activities, focusing on sustainability and innovation.
Doubts Revealed
Indian Institute of Foreign Trade (IIFT) -: IIFT is a famous school in India where people learn about business and trade with other countries. It’s like a special college for learning how to do business around the world.
Overseas Campus -: An overseas campus is like a branch of a school or college that is located in another country. In this case, IIFT is opening a new branch in Dubai, which is not in India.
Dubai -: Dubai is a big city in the United Arab Emirates (UAE), known for its tall buildings and modern lifestyle. It’s a place where many people from different countries live and work.
India Pavilion -: The India Pavilion is a special area in Expo City, Dubai, where India showcases its culture, technology, and business. It’s like a big exhibition about India.
Expo City -: Expo City is a place in Dubai where big events and exhibitions happen. It’s like a giant fair where countries show their best ideas and innovations.
MBA in International Business -: An MBA in International Business is a special course where students learn how to manage and run businesses that work in different countries. It’s like learning how to be a boss in a global company.
Union Commerce Minister Piyush Goyal -: Piyush Goyal is a leader in the Indian government who looks after trade and business matters. He helps make decisions about how India does business with other countries.
Research and Innovation -: Research and innovation mean finding new ideas and creating new things. It’s like doing experiments to discover better ways to do things or make new products.
