The Indian Institute of Foreign Trade (IIFT) celebrated its 57th Convocation in New Delhi on Monday, November 11, conferring degrees to over 650 graduates from various programs. The ceremony marked a significant milestone in IIFT’s history and was attended virtually by Union Commerce and Industry Minister Shri Piyush Goyal, who delivered an inspiring address to the graduating class.
In his message, Shri Goyal encouraged graduates to stay abreast of new trade agreements, viewing them as opportunities to explore fresh markets and contribute to India’s ambitious target of becoming a ‘Viksit Bharat’ with a $2 trillion trade goal. He highlighted sectors like telecom, semiconductors, deep-sea exploration, and space technology as areas where graduates can make impactful contributions. Additionally, he emphasized the importance of ethical business practices and integrating Corporate Social Responsibility (CSR) into their careers, urging the young professionals to approach their roles with a socially responsible and innovative mindset.
The convocation was presided over by IIFT’s Chancellor and Secretary of the Department of Commerce, Shri Sunil Barthwal, who commended the graduates for their dedication. He praised IIFT’s excellence in international business education, evidenced by its top 15 ranking among Indian B-schools by the National Institutional Ranking Framework (NIRF). Shri Barthwal highlighted IIFT’s achievements, including the establishment of an overseas campus in Dubai, which aims to connect with the Indian diaspora in the UAE and provide a global platform for its educational offerings. He also introduced the Centre for International Negotiations, a new initiative designed to facilitate knowledge exchange among students, government officials, and industry professionals.
The Chief Guest, Dr. Jayen Mehta, Managing Director of Amul, encouraged the graduates to pursue rewarding careers in international trade. He highlighted the successes of Indian companies on the global stage and underscored the role of cooperatives in strengthening India’s rural economy. Dr. Mehta urged graduates to uphold human values and ethical standards in their careers, while also prioritizing their health and well-being.
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Vice Chancellor Professor Rakesh Mohan Joshi congratulated the students, faculty, and staff for their commitment to excellence, noting IIFT’s 100% placement rate. He emphasized the importance of industry collaboration and acknowledged recent international partnerships that enrich IIFT’s academic programs and research.
The convocation celebrated IIFT’s role as a premier institution shaping India’s future leaders in international business and trade.
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