[citation needed] In 2018, then Union Minister for Commerce and Industry Suresh Prabhu, in the presence of Chief Minister N. Chandrababu Naidu laid the foundation stone for 3rd campus of Indian Institute of Foreign Trade (IIFT) in Kakinada of East Godavari district at Andhra Pradesh.

[10] Starting of IIFT full time 5 year integrated MBA(IB) Programme in a temporary premises at Kakinada has been approved.

[13] The institute has a collection of books by eminent authors on Trade, Economy, Management and WTO related issues.

Apart from books on traditional Management and Economics related areas, the library has a large collection of books on upcoming areas like WTO, Intellectual Property Rights, Services Management, Mergers & Acquisitions, Trade Finance, e-Business, Global Business Strategies, International Business Law, and Information Technology, etc.

The library also subscribes to over 235 journals and periodicals and publications of national and international organizations such as the UN, ITC, UNCTAD, WTO, IMF, World Bank, Ministries and Departments of Government of India.

IIFT has developed relations with many international organizations[18] by signing MoUs and participating in their activities or taking collaborative initiatives.

[31] The institute also has a month-long social awareness program, in which several NGOs such as Muskaan Foundation are invited to the campus to pitch their projects to the students.

[32] The research carried out by the institute is widely disseminated in the form of study reports, monographs and occasional papers.

[35] The major objective of the centre has been to provide research and analytical support on a continuous basis to the Department of Commerce on identified issues pertaining to the World Trade Organization.

In addition, it is also tasked to carry out research activities, bring out Publications on WTO related subjects, carry out Outreach & Capacity Building programmes by organising seminars, workshops, subject specific meetings etc., and to be a repository of important WTO documents in its Trade Resource Centres[36] The Centre for Trade and Investment Law (CTIL) was established in the year 2016 and the centre's primary objective is to provide sound and rigorous analysis of legal issues pertaining to international trade and investment law to the Government of India and other governmental agencies.

Further, the Centre aims to create a dedicated pool of legal experts who could provide technical inputs for enhancing India's participation in international trade and investment negotiations and dispute settlement.

The Centre for MSME Studies at IIFT provides continuous support to the MSME sector by carrying out activities which can be broadly classified into conducting Training Programmes, provision of Business Intelligence services through a Databank and acting as a catalyst for Interfacing with other concerned and associated institutions.

The centre would facilitate the North Eastern states in policy making, strategic planning and effective implementation of various trade promotion schemes and undertake research and analysis on issues relating to international trade and business, capacity building and serve as a knowledge partner.

Also the practical learning experience is enhanced through the regularly scheduled competitions-case studies, Group discussions, quizzes, etc.