Govt approves IIFT’s proposal to open first offshore campus in Dubai

The institute has acquired approvals from Ministry of Schooling, together with no-objection certificates from ministries of House Affairs and Exterior Affairs, in addition to College Grants Fee, IIFT stated.

The Dubai campus won’t solely serve the dynamic wants of the Indian diaspora and world learners but additionally strengthen India’s academic footprint within the Gulf area, it added.

Commerce and Business Minister Piyush Goyal stated, “this really displays the spirit of the Nationwide Schooling Coverage 2020, marking a brand new chapter within the internationalisation of Indian schooling and its rising position in shaping thought management globally”.

Earlier than beginning the campus, the institute will acquire crucial permission from the UAE.

In keeping with Ministry of Schooling, there shall be no diversion of school or any tutorial infrastructure from the prevailing campus of IIFT, New Delhi or its constituent items.

“There shall be no diversion of monetary sources from the revenues generated within the home campus of IIFT, New Delhi to the proposed offshore campus at Dubai in any kind,” the ministry’s order, dated Might 15, stated.

The institute was established in 1963 as an autonomous physique beneath the commerce ministry to contribute within the talent constructing for the exterior commerce sector of India.

It was arrange with an goal to impart skilled schooling in trendy administration strategies related to worldwide enterprise.

The institute’s portfolio of long-term programmes is numerous, catering to the necessities of aspiring worldwide enterprise executives and mid-career professionals alike and these embody two-year MBA (Worldwide Enterprise) at New Delhi and Kolkata; and PhD (Administration) Programme at Delhi and Kolkata.

IIFT has campuses in Delhi, Kolkata, and Kakinada (Andhra Pradesh)