The Indian Institute of Foreign Trade (IIFT) is a public business school headquartered in New Delhi, Delhi, India. It has been proposed to be declared as an Institute of National Importance by the Government of India. Established in 1963, it functions under the Ministry of Commerce and Industry of the Government of India. It also serves as a training institute for the probationary officers of the Indian Trade Service. Its headquarters are in New Delhi and it has additional campuses in GIFT City, Kolkata and Kakinada.