IIFT, IIP to come up in Andhra Pradesh

IIFT, IIP to come up in Andhra Pradesh

Indian Institute of Foreign Trade (IIFT) and the Indian Institute of Packaging   (IIP) will come up in Kakinada town of Andhra Pradesh.

The state-of-the-art campuses of IFT and IIP will be built on 25 acres of land each alloted by the state government in GMR Special Economic Zone in Kakinada in East Godavari district.
 
Union Minister for Commerce and Industry Suresh Prabhu laid the foundation stone for the two institutes at CII Partnership Summit here on Sunday. Chief Minister N. Chandrababu Naidu and top officials of the two institutes were present.
 
The proposal for setting up IIFT in Visakhapatnam was mooted by then chief minister of united Andhra Pradesh N. Kiran Kumar Reddy in 2013. Subsequently in 2015, Chandrababu Naidu sent a request to the central government to set up the institutes in October 2015 following which the ministry of commerce accepted it.
 
The IIP campus is expected to come up in three to five years. It will focus on export marketing and training. Mumbai-headquartered IIP has branches in major cities. It is also adding centres at   Bengaluru, Guwahati and Ahmedabad.

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