This notification from the Ministry of Commerce & Industry, Directorate General of Foreign Trade, dated May 26, 2025, announces an amendment to Para 4.41(5) of the Foreign Trade Policy (FTP) 2023. The amendment, effective immediately, revises the name of the “International Gemmological Institute (India) Pvt. Ltd.” located in Bandra Kurla Complex, Mumbai, to “International Gemmological Institute (India) Limited.” This change in the listed agency’s name within the FTP 2023 has been approved by the Minister of Commerce & Industry. The notification was issued by Ajay Bhadoo, Director General of Foreign Trade.
Government of India
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
Vanijya Bhawan, New Delhi
Notification No. 12/2025-26 DGFT| Dated: 26/05/2025
Subject: Amendments to Para 4.41(5) of FTP-2023-reg
S.O. 2369(E).–In exercise of powers conferred by Section 3 and Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 1.02 of the Foreign Trade Policy, 2023 (as amended from time to time), the Central Government hereby amends the Para No. 4.41(5) of FTP-2023, with immediate effect, as under:
| Para No. | Exiting Para | Revised Para |
| 4.41 (5) of FTP- 2023 | International Gemmological Institute (India) Pvt. Ltd., Bandra Kurla Complex, Mumbai, | International Gemmological Institute (India) Limited, Bandra Kurla Complex, Mumbai. |
Effect of the Notification: The name of the agency is listed at S.No. (5) of Para 4.41 of PIP-2023 has been amended.
This issues with the approval of the Minister of Commerce & Industry.
(Ajay Bhadoo)
Director General of Foreign Trade
& Ex-officio Addl. Secretary to the Government of India
e-mail: dgft@nic.in
(Issued from File No. 01/94/180/002/AM26/PC-4)
