The Locations of Indian Currency Production: Notes and Coins

India has a robust system for the production of its currency notes and coins, with the central government and a subsidiary of the Reserve Bank of India (RBI) operating key facilities across the country. This article explores the locations where Indian currency notes are printed and the organizations involved in the process.

1. Notes Production

India has four primary currency printing presses that produce its paper notes. The central government controls two of these presses:

National Addresses of Note Printing Centers

1. Currency Note Press, Nashik, Maharashtra: Established in 1928. 2. Bank Note Press, Dewas, Madhya Pradesh: Established in 1974. 3. Bharatiya Reserve Bank Note Mudran Pvt. Ltd., Mussoorie, Karnataka: Established in 1995 and operates in Mysore and Salboni: After demonetization, the 2000 rupee note was printed here. 4. Security Paper Mill, Hoshangabad, Madhya Pradesh: Established in 1968, this is one of two mills specialized in producing the specialized papers used in note printing.

2. Joint Ventures and Collaborations

There is a strategic collaboration between Security Printing and Minting Corporation of India Limited (SPMCIL) and Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL) under the joint venture Bank Note Paper Mill India Limited (BNPMIL). BNPMIL was established in 2010 in Mysore and focuses on manufacturing the paper required for printing currency notes.

3. The Full Picture: An Overview

In more detail, here is a breakdown of the key locations and organizations involved in Indian currency production:

Security Printing and Minting Corporation of India Limited (SPMCIL)

4 Presses: Currency Note Press, Nashik, Maharashtra; Bank Note Press, Dewas, Madhya Pradesh; Security Press, Nashik, Maharashtra; Printing Press, Hyderabad. 1 Paper Mill: Security Paper Mill, Hoshangabad, Madhya Pradesh.

Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL)

2 Branches: Bharatiya Reserve Bank Note Mudran Pvt. Ltd., Mussoorie, Karnataka (operating in Mysore) and Salboni, West Bengal.

4. Coin Production

While the vast majority of Indian currency is in the form of paper notes, the minting of coins is equally important. The government mints in Mumbai and Kolkata are responsible for the production of coins, including those required for special government ceremonies and events.

Conclusion

The production of Indian currency is meticulously managed by the central government and RBI, ensuring the integrity and security of the nation's banknotes. With a network of specialized facilities across the country, India is well-equipped to meet the currency needs of its populace.