Minister of State for Commerce and Industry Jitin Prasada inaugurated the Global Business Research Conference (GBRC) 2026 at the Indian Institute of Foreign Trade (IIFT) in New Delhi. The conference, themed “Managing Business Amidst Worldwide Turbulence,” brought together leading academicians, policymakers, researchers and industry experts from India and abroad.
Addressing the gathering, Prasada emphasized that India continues to remain one of the world’s fastest-growing major economies despite global economic uncertainties. He said that under the leadership of Prime Minister Narendra Modi, India has adopted a long-term strategy focused on strengthening manufacturing, trade, innovation and technology-driven growth.
The Minister highlighted India’s rapid progress in emerging sectors such as artificial intelligence, semiconductors and advanced manufacturing. He noted that the country’s growing network of global trade partnerships and economic reforms is enhancing its position in the international marketplace.
Prasada also praised IIFT for its role in producing research-driven insights and developing future business leaders. He expressed confidence that discussions at GBRC 2026 would contribute valuable recommendations for policymaking and support India’s economic growth ambitions.
Speaking on the occasion, IIFT Vice-Chancellor Prof. Rakesh Mohan Joshi said the institute has significantly expanded its international collaborations and research activities. He noted that the conference reflects IIFT’s commitment to promoting high-quality academic research and meaningful dialogue on global trade, business competitiveness and economic development.
Prof. Joshi highlighted how geopolitical shifts, changing trade dynamics and technological disruptions, particularly artificial intelligence, are transforming the global business environment. He stressed the growing importance of evidence-based research and policy inputs in helping countries build economic resilience and strengthen global partnerships.
GBRC 2026 features several Directors’ Conclaves focusing on key issues such as internationalisation of business schools, the use of artificial intelligence in management education, innovation and entrepreneurship, and evolving teaching methods in a changing geopolitical landscape.
The conference has attracted research contributions across multiple disciplines, including finance, marketing, strategy, supply chain management, information technology, analytics, public policy and governance. Researchers are presenting findings and recommendations through technical sessions designed to address contemporary business and economic challenges.
A major attraction of the event is a special session on “BRICS Amid Geopolitical Turbulence in a Multipolar World,” examining the growing influence of BRICS nations on global trade and economic governance.
The conference also includes a dedicated Doctoral Colloquium, providing young researchers and doctoral scholars an opportunity to interact with senior academicians and industry experts.
Academic leaders from premier institutions such as IIMs, IIT Bombay, ISB, BIMTECH, Delhi School of Economics, IIMC and several universities are participating in the event. The conference will conclude on June 5, 2026, with an award ceremony recognizing outstanding research papers, poster presentations and doctoral research contributions.
GBRC 2026 reinforces India’s commitment to academic excellence, policy research and global business collaboration while strengthening the country’s position as a knowledge and innovation-driven economy.
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