Letter of Intent

May 6, 2025 11:17 AM

Education Ministry approves IIFT to establish off-campus centre at GIFT City

The Indian Institute of Foreign Trade (IIFT), New Delhi, has received approval from the Ministry of Education to establish an off-campus centre at GIFT City, Gandhinagar, Gujarat. The new centre will operate in accordance with the UGC (Institutions Deemed to be Universities) Regulations, 2023, as announced by the Ministry of Commerce & Industry on Tuesday. The approval, granted under Section 3 of the UGC Act, 1956, comes after IIFT successfully met the conditions outlined in the Letter of I...

March 26, 2025 1:14 PM

India, Singapore sign Letter of Intent (LOI) on Green Shipping & Digital Corridor Collaboration

India and Singapore have solidified their partnership on a Green and Digital Shipping Corridor (GDSC) with the signing of a Letter of Intent (LoI) at the Singapore Maritime Week (SMW) in Delhi on Tuesday. Union Minister of Ports, Shipping & Waterways, Sarbananda Sonowal, played a key role in a series of high-profile events and bilateral meetings during his visit to Singapore. He also participated in the signing ceremony of the LoI on maritime digitalization and decarbonization in New Delhi,...

September 16, 2024 3:24 PM

Ford announces plans to restart manufacturing plant in Tamil Nadu for global exports

Ford Motor Company said on Friday it intends to restart operations at its manufacturing plant in Tamil Nadu. The American automaker aims to repurpose the facility for export-focused production, marking a new chapter in its relationship with the Indian market. Kay Hart, President of Ford's International Markets Group, revealed the company's plans through a LinkedIn post. Hart said that Ford has submitted a Letter of Intent (LOI) to the Tamil Nadu government, outlining its proposal to utilize the...