Faculty members of the department have received international recognition in their fields which is reflected through the awards received viz., Netherlands Fellowship, Canadian Fellowship, Asia Fellows Award (Ford Foundation) and Hungarian Fellowship. Faculty members have also worked as visiting faculty in Indian and foreign universities.
- Instituted Shri R.S.Bhatt Memorial Fund during the year 1998.
- Instituted Silver Jubilee Fund.
Gujarat Government has sanctioned Rs. 21.5 Lakhs to start P.G. Diploma in International Economics and Trade.