Correct Answer : Andhra Pradesh
Union Finance Minister Nirmala Sitharaman inaugurated the third branch of Indian Institute of Foreign Trade (IIFT) campus on an ad-hoc basis at Jawaharlal Nehru Technological University (JNTU) -K campus, Kakinada, Andhra Pradesh on Friday(28th Oct 2022).
She explained the importance of the IIFT campus towards national growth. She emphasized the importance of IIFT towards policy making and research for the development of the Ministry of Commerce.
The state government has allotted
25 acres of land for establishing
IIFT permanent campus in U. Kothapalli Mandal near the
sea coast in Kakinada Special Economic Zone (KSEZ).
The
IIFT authorities submitted a proposal for the grant of
Rs. 229 crore to the
Ministry of Commerce and Industry and the sanction order is eagerly awaited.
The
Ministry of Commerce & Industry,
Consumer Affairs Piyush Goyal,
MPs ,
Ministers and MLAs and other officials were present..
Source : The Hans India
