Prabhu lays foundation stone of IIFT's new campus

Commerce and Industry Minister Suresh Prabhu Friday laid the foundation stone of a new campus of the Indian Institute of Foreign Trade (IIFT) here.

The campus is being constructed by state-owned NBCC at Maidan Garhi here at an estimated cost of Rs 302 crore, the company said in a statement.

The new IIFT campus will incorporate sustainable features such as solar power generation systems, rain water harvesting, and sewerage treatment plants.

The 3-star GRIHA rating building will have a total built-up area of 50,000 sq metres that will feature an academic block, administration block and auditorium with a sitting capacity of 1000, a hostel block and a ten-storeyed warden block.

NBCC Chairman and Managing Director Anoop Kumar Mittal said: "In thriving economies like India, the existence of robust infrastructure in the education sector is imperative to shape the future growth of the country."