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The GoI's DGFT issued Notification No. 12/2025-26 amending Para 4.41(5) of Foreign Trade Policy 2023, modifying the name of International Gemmological Institute from 'International Gemmological Institute (India) Pvt. Ltd.' to 'International Gemmological Institute (India) Limited' located in Bandra Kurla Complex, Mumbai. The amendment was executed under Sections 3 and 5 of the Foreign Trade (Development and Regulation) Act, 1992, with immediate effect, reflecting a formal corporate name change for the designated agency in the policy framework.