Home India Ministry of Commerce and Industry Indian Institute of Foreign Trade Achieves First Position in...
Date: 2026-01-31 Category: Press Release State: Union Government Country: India

Indian Institute of Foreign Trade Achieves First Position in Times B-School Ranking 2026

Issued by Ministry of Commerce and Industry · Not Applicable

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Executive Summary & Key Takeaways

**Executive Summary** This press release, dated January 31, 2026, announces that the Indian Institute of Foreign Trade (IIFT) has secured the first position in the Times B-School Ranking 2026. The announcement includes congratulatory statements from Union Minister Shri Piyush Goyal and Commerce Secretary Shri Rajesh Agrawal, highlighting IIFT's role in shaping future trade leaders and contributing to India's global trade aspirations. The institute aims to commence operations at its first offshore campus in Dubai. **Key Points / Main Content** * **Ranking and Recognition:** * IIFT ranked first in the Times B-School Ranking 2026. * The achievement reaffirms IIFT as a premier institution with a focus on international trade and global business. * **IIFT Overview:** * IIFT is an autonomous institution under the Ministry of Commerce & Industry, Government of India. * Campuses are located in Delhi, Kolkata, Kakinada, and GIFT City. * **Leadership Statements:** * Shri Piyush Goyal described the achievement as a testament to IIFT's efforts in empowering students and strengthening India's global trade presence. * Shri Rajesh Agrawal noted IIFT's progress reflects its strong academic foundation and commitment to excellence, contributing to India's vision of Viksit Bharat. * **IIFT Programs and Objectives:** * IIFT offers MBA programs, executive education, and doctoral research. * The institute contributes to India's growth in global commerce and trade policy. * IIFT aims to integrate contemporary realities into its teaching, research, and operations to become a world-class institute. * **Expansion:** * IIFT is in the process of commencing its first offshore campus in Dubai. **Impact Analysis** **Stakeholder: Indian Institute of Foreign Trade (IIFT)** * **Impact:** Enhanced reputation and recognition as a leading institution for international trade education. * **Action Required:** Continue to enhance academic rigor, policy relevance, industry engagement, and international outreach to maintain its position. **Stakeholder: Students** * **Impact:** Access to high-quality education and skills development in international trade and global business, positioning them for leadership roles. * **Action Required:** Utilize the resources and opportunities provided by IIFT to develop skills, vision, and critical capabilities for success in the global trading landscape. **Stakeholder: Ministry of Commerce & Industry, Government of India** * **Impact:** Strengthening of its autonomous institution, supporting India's aspiration to be a global powerhouse in international trade and contributing to the vision of Viksit Bharat. * **Action Required:** Continue to support IIFT in its efforts to empower students, enhance academic standards, and expand its global reach. **Stakeholder: India** * **Impact:** Improved global trade competitiveness through IIFT's contributions to trade policy and training of future leaders. * **Action Required:** Utilize expertise and skilled professionals developed by IIFT to enhance India's presence in the global trading landscape.

Key Entities Referenced

Indian Institute of Foreign Trade (IIFT): A premier institution in management education with a focus on international trade and global business, operating as a Deemed-to-be University under the Ministry of Commerce & Industry. Ministry of Commerce & Industry: The ministry responsible for the Indian Institute of Foreign Trade (IIFT). Delhi: One of the locations with an IIFT campus.
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Ministry of Commerce & Industry Indian Institute of Foreign Trade Achieves First Position in Times B-School Ranking 2026 IIFT Empowers Students with Skills and Vision for Global Trade Leadership: Union Minister of Commerce & Industry Shri Piyush Goyal प्रव तथ: 31 JAN 2026 2:02PM by PIB Delhi The Indian Institute of Foreign Trade (IIFT) has been ranked first in the Times B-School Ranking 2026, reaffirming its position as a premier institution in management education with a distinctive focus on international trade and global business. IIFT is an autonomous institution under the Ministry of Commerce & Industry, Government of India, with campuses at Delhi, Kolkata, Kakinada and GIFT City. Congratulating the Institute on securing the top position, Union Minister of Commerce & Industry, Shri Piyush Goyal, described the achievement as a testament to IIFT’s sustained efforts in empowering students with skills, vision and critical capabilities. He said the Institute is playing an important role in shaping future leaders and further strengthening India’s presence in the global trading landscape. Expressing satisfaction over the achievement, Commerce Secretary and Chancellor, IIFT, Shri Rajesh Agrawal, stated that the Institute’s progress reflects its strong academic foundation, expanding global orientation and commitment to excellence. He noted that IIFT supports India’s aspiration to emerge as a global powerhouse in international trade and contributes to the vision of Viksit Bharat by nurturing globally competent management professionals aligned with national trade, economic and strategic priorities. Vice Chancellor, IIFT, Prof. Rakesh Mohan Joshi, thanked Shri Piyush Goyal, and Shri Rajesh Agrawal, for their vision and unwavering support and expressed his commitment to achieve excellence in management education in the area of international business by enhancing its academic rigor, policy relevance, industry engagement, and international outreach; integrating present day contemporary realities to its teaching, research and operations and make it a world class institute. Established in 1963, the Indian Institute of Foreign Trade is a Deemed-to-be University under the Ministry of Commerce & Industry, Government of India. As a premier institution in international trade and business, IIFT offers flagship MBA programmes, executive education and doctoral research, contributing to India’s growth in global commerce and trade policy. The Institute has campuses at Delhi, Kolkata, Kakinada and GIFT City, and is in the process of commencing its first offshore campus in Dubai. *** Abhishek Dayal/Anushka Pandey (रलीज़ आईडी: 2221181) आगंतुक पटल : 531 इस वज्ञ को इन भाषाओ ंम पढ़: Malayalam , Urdu , Marathi , ही , Tamil

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