60th Foundation Day of Indian Institute of Foreign Trade
Indian Institute of Foreign Trade (IIFT), New
Delhi celebrated its Diamond Jubilee on its 60th Foundation Day today. On this
significant occasion, Prof Satinder Bhatia, Vice Chancellor, IIFT remembered
Late HD Shourie, the founding Director General. She mentioned that he was the
father figure to IIFTians, who laid the foundation of IIFT with the motto,
‘Excellence is a way of life’.
Prof Bhatia said that today we should honour
those who have contributed to achieving the vision that IIFT was founded with
and reaching IIFT's height among top B-schools in India. She said that IIFT has
achieved many milestones and it is serving the nation in the field of
international business. She mentioned the academic and administrative
transformations implemented at IIFT's Delhi and Kolkata campuses and expressed
that the newly inaugurated Kakinada campus will achieve excellence very soon.
She also said that IIFT has many academic and administrative collaboration to
work continuously in the direction of its vision and mission. With this, IIFT
has become the place to attract industries, students, and other stakeholders,
she said.
Since its establishment in 1963, IIFT has
proactively seized all available opportunities to emerge as an acknowledged
centre of excellence in international trade and business. During this period,
it has diversified its role from being a think tank institution to a key
repository of knowledge in international trade, apart from being the premier
business school in the country. The IIFT has grown at a phenomenal rate in the
first two decades of the new millennium.
In the journey of 60 years, IIFT has added many
feathers to its cap from being ranked consistently amongst the top business
schools, achieving AACSB accreditation to offering an impressive array of
innovative MDPs/EDPs offered by the Institute. From July 2023 onwards, IIFT
Campus in GIFT City, Gujrat will also be operational.
During the event, VC, IIFT released the
commemorative issue of Foreign Trade Review (FTR) Journal.