Our Bureau
New Delhi
Union Minister Piyush Goyal recently announced the establishment of a new campus for the Indian Institute of Foreign Trade (IIFT) in Dubai, a significant move aimed at enhancing India’s global trade capabilities. This announcement was made during a recent event where Goyal emphasized the importance of collective efforts to achieve India’s ambitious $2 trillion trade target by 2030.
The new IIFT campus in Dubai is set to play a crucial role in expanding educational opportunities for students interested in international trade and commerce. It is pertinent to note that the campus will introduce specialized courses, including a new subject focused on trade negotiations, which is essential for equipping future leaders with the necessary skills to navigate complex global markets.
During his address, Goyal urged graduates of IIFT to leverage their education and expertise to contribute towards achieving the nation’s trade goals. He stated, “As future leaders in trade, you have a pivotal role in driving India towards its $2 trillion trade target.” The minister’s call to action reflects a growing recognition of the need for skilled professionals who can effectively engage in global trade dynamics.
The decision to open a Dubai campus stems from the UAE’s strategic importance as a global trade hub. With its proximity to emerging markets and established business infrastructure, Dubai offers an ideal environment for IIFT to expand its reach and influence. Commerce Secretary Sunil Barthwal also spoke at the event, noting that this initiative would facilitate greater collaboration between India and the UAE, fostering stronger economic ties.
The establishment of the IIFT campus in Dubai is expected to attract students not only from India but also from various countries in the Middle East and nearby regions. As India continues to position itself as a key player in international trade, the new IIFT campus could play a crucial role in developing a workforce equipped to meet global challenges.
