The Indian Institute of Foreign Trade (IIFT) was set up in 1964 by the Government of India with a view to impart training to junior, middle and senior level executives in different areas of foreign trade management; for undertaking policy-oriented research, market surveys, commodity and country studies, disseminating foreign trade information through its publications, research reports and offering consultancy services.
The Institute continues to enlarge its training and research activities keeping in view the paramount needs of the external sector. It has also restructured its programmes to bring in tune with the changing International business environment.
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During 1998-99, the Institute has conducted a number of educational and management development training programmes.
Testing and U.N. certification:
Nearly 900 items were tested for UN Certification and 7000 other samples were tested by the Institute at its facilities at Mumbai, Calcutta, Delhi and Chennai.
Four certificates were issued by the Eastern Regional Centre as per Australian Wool Corporation/New Zealand specifications for the testing of wool samples for exports.
Training programmes/seminars:
The Institute continued to pass on its expertise to the industry personnel by way of conducting seminars and training programmes at all the four centres of the Institute.
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Under the intensive training course at Mumbai and Calcutta, during the year, as many as 47 participants including 14 overseas participants from developing countries under India’s International Assistance Scheme, such as the Colombo Plan, the SCAAP and the ITEC were benefited.
As many as 24 executive development programmes were conducted by the head office and three regional centres of IIP. The programmes were spread over various industry/commercial centres all over India. The number of centres covered is 18 and a total of 860 industry delegates benefited from such programmes.