MoE Approves New IIFT Off-Campus Centre at GIFT City, Gujarat.

National

In May 2025, the Ministry of Education (MoE) approved the establishment of a new off-campus centre of the Indian Institute of Foreign Trade (IIFT), based in New Delhi, at the Gujarat International Finance Tec-City – International Financial Services Centre (GIFT-IFSC) in Gandhinagar, Gujarat.


      - This new centre will be set up in accordance with the UGC (Institutions Deemed to be Universities) Regulations, 2023, strengthening India’s specialized educational infrastructure in international trade and finance.

      - The approval was granted by MoE under Section 3 of the UGC Act, 1956, following IIFT's successful compliance with conditions stated in the Letter of Intent (LoI) issued in January 2025.

     

Main Point :-   (i) The move marks a significant step in promoting advanced education and research at the heart of India's premier financial hub, GIFT City.

      (ii) Separately, Monarch Networth Capital IFSC Private Limited has received the Certificate of Registration (CoR) to operate as a Registered Fund Management Entity (FME) (Retail) from the International Financial Services Centres Authority (IFSCA), Gandhinagar.


About Indian Institute of Foreign Trade (IIFT)

Chancellor: Sunil Barthwal
Headquarters: New Delhi
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