**Policy Summary:**
This notification, dated May 26, 2025, issued by the Directorate General of Foreign Trade, Ministry of Commerce and Industry, Government of India, amends Paragraph 4.415 of the Foreign Trade Policy (FTP) 2023. The amendment, made under the authority of Section 3 and Section 5 of the Foreign Trade Development and Regulation Act, 1992, revises the name of the agency listed at S.No. 5 of Para 4.41 of FTP 2023 from "International Gemmological Institute India Pvt. Ltd. Bandra Kurla Complex, Mumbai" to "International Gemmological Institute of India Limited, Bandra Kurla Complex, Mumbai." The amendment takes effect immediately. Inquiries can be directed to dgft@nic.in, referencing File No. 01/94/180/002/AM26/PC4.
Key Entities Referenced
Foreign Trade Development and Regulation Act, 1992: A law that provides the central government power to make provisions relating to import and export.
Foreign Trade Policy, 2023: A policy document outlining guidelines and objectives for promoting and regulating foreign trade.
Ministry of Commerce and Industry: A government ministry responsible for developing and regulating commerce and industry.
Directorate General of Foreign Trade: The agency of the Ministry of Commerce and Industry responsible for implementing foreign trade policies.
Vanijya Bhawan, New Delhi: Office of Directorate General of Foreign Trade, New Delhi, Delhi
International Gemmological Institute India Pvt. Ltd.: An agency listed in Para 4.41 of FTP 2023 whose name has been amended.
Bandra Kurla Complex, Mumbai, Maharashtra: A commercial complex in Mumbai where International Gemmological Institute India Pvt. Ltd. is located.
Minister of Commerce and Industry: The minister in charge of the Ministry of Commerce and Industry.
(To be published in Gazette of India Extraordinary Part-II, Section-3, Sub-section (I1))
Government of India
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
Vanijya Bhawan, New Delhi
Notification No$2/2025-26
New Delhi, Dated:26May 2025
Subject: Amendments to Para 4.41(5) of FTP-2023-reg
S.O.(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) | International Gemmological Institute | International Gemmological Institute
of FTP- (India) Pvt. Ltd. Bandra Kurla|(India) Limited, Bandra Kurla
2023 Complex, Mumbai, Complex, Mumbai.
Effect of the Notification: The name of the agency is listed at S.No. (5) of Para 4.41 of FTP-
2023 has been amended.
This issues with the approval of the Minister of Commerce & Industry.
ae
Director General of Foreign Trade
& Ex-officio Addl. Secretary to the Government of India
e-mail: dgft@nic.in
(ssued from File No. 01/94/180/002/AM26/PC-4)