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Introduction
The distinctive feature of the current pattern of world trade is a
continuous expansion in exports of technology-intensive goods and
services. This growth is in sharp contrast to the decline in the proportion
of trade accounted for by primary commodities and low technology products.
India, with its large diversified industrial structure, well equipped
research laboratories, scientific & technical manpower and emerging
open policy environment, is well-poised to take advantage of this
rising global demand for technology intensive goods and services in
the WTO regime.
This requires sustained and cohesive efforts on the part of the important
stakeholders which include Government, industry, research & development
organisations, consultants and academia. The success conditions in
technology marketing are substantially more complex compared to those
for traditional exports. There has to be a stronger synergy between
the country’s intrinsic capability and perceived image of its
technological competence to come out with cutting edge technologies
in order to remain competitive in global market. Investments to be
made upfront for market analysis and appraisal for eventual exploitation
of the trade potential are sometimes beyond the capacity of individual
firms in India.
With the primary objective of actualising India’s potential
in technology trade and addressing some of these institutional complexities,
the Indian Institute of Foreign Trade (IIFT) has set up the Centre
for International Trade in Technology with financial and technical
support from the Department of Scientific and Industrial Research,
Government of India.
It is a unique institution of its own type in which roles of active
players in international technology trade especially those of Ministry
of Commerce & Industry and Ministry of Science and Technology
are proposed to be synthesised. It is well recognised that building
up of technology trade requires sustained efforts over a period of
time before any tangible results could be expected.
IIFT, a Deemed University and an autonomous body under the Ministry
of Commerce and Industry, is engaged in offering training and conducting
research in various aspects of international trade. The Institute
offers a wide variety of executive development programmes to suit
the needs of executive at different levels in export organisations.
Besides offering consultancy services to export enterprises, the Institute
is involved in marketing, functional and policy research.
For more information, do contact
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