Security printing & Minting Corporation of India Limited - wikipedia Security printing & Minting Corporation of India Limited Security Printing and Minting Corporation of India Limited ( SPMCIL ) is an Indian government - owned corporation that engages in the production of bank notes, coins, non -- judicial stamps, postage stamps, and other government related documents for India. The company was formed in 2006 as the result of corporatisation of security presses and mints functioning under the Indian Ministry of Finance. It contains nine units, four mints, four presses and a paper mill. Contents 1 Units 1.1 Presses 1.2 Mints 1.3 Paper mill 2 References 3 External links Units Presses SPMCIL comprises four presses : Currency Note Press ( CNP ) Nashik, Bank Note Press ( BNP ) Dewas, India Security Press Nashik, and Security Printing Press Hyderabad. CNP was established in 1928 as the first printing press for bank notes in India. Both CNP, located in Nashik, Maharashtra, and BNP, located in Dewas, Madhya Pradesh, print the Indian currency notes. They are currently responsible for the printing of the new 500 rupee notes following the demonetisation of the old 500 rupee and 1000 rupee note. Currency is also printed by the two presses of Bharatiya Reserve Bank Note Mudran Private Limited, a wholly owned subsidiary of Reserve Bank of India. They are currently responsible for the printing of the new 2000 rupee notes, and speculations suggest that the printing of the 500 rupee notes will also shift to these presses for better speed and fewer errors. BNP also has an ink factory that produces ink for security printing. India Security Press, located in Nashik, and Security Printing Press, located in Hyderabad, produce travel documents, postage stamps, and other government - related documents. Mints SPMCIL comprises four mints : India Government Mint, Mumbai, India Government Mint, Kolkata, India Government Mint, Hyderabad, and India Government Mint, Noida. These mints produce coins, and medals and awards, as required by the Government of India. Paper mill Security Paper Mill was established in 1968 at Hoshangabad, Madhya Pradesh. It produces papers for banknotes and non -- judicial stamps and further prints with new enhanced unit. Bank note paper mill India private limited prints paper for Indian currency and located in Mysore. References Jump up ^ `` To reduce imports, Security Printing and Minting Corporation of India Ltd, RBI to enhance currency note facility ''. Times of India. 12 February 2013. Retrieved 24 May 2014. Jump up ^ `` Record Performance of SPMCIL in Production of Bank Notes, Coins and Security Products During 2012 -- 13 ''. Press Information Bureau. 14 May 2013. Retrieved 24 May 2014. ^ Jump up to : Thorpe Edgar. The Pearson Guide to the Central Police Forces. Pearson Education India. p. 209. ISBN 978 - 81 - 317 - 1569 - 7. Jump up ^ `` Notes from the mint ''. Business Standard. 28 August 2010. Retrieved 25 May 2014. Jump up ^ Pathak ( 1 September 2007 ). The Indian Financial System : Markets, Institutions And Services, 2 / E. Pearson Education India. p. 729. ISBN 978 - 81 - 7758 - 562 - 9. Jump up ^ `` SPMCIL to invest in security paper and ink manufacturing as a part of its Rs 2500 - cr expansion plan ''. printweek.com. Retrieved 25 May 2014. Jump up ^ `` India Security Press stir at Nashik called off : Union ''. Zee News. 14 April 2013. Retrieved 25 May 2014. Jump up ^ `` Crafting Bharat Ratna, Padma Medals at Kolkata Mint ''. Press Information Bureau. January 2014. Retrieved 25 May 2014. Jump up ^ `` Speech of the Hon'ble Finance Minister on the occasion of the Foundation Stone laying of Bank Note Paper Line at SPM, Hoshangabad today ''. Press Information Bureau. 17 December 2011. Retrieved 25 May 2014. External links Security Printing and Minting Corporation of India Limited ( SPMCIL ) Bank Note Paper Mill India Private Limited ( BNPM ) Public Sector Undertakings in India ( List ) Maharatna Bharat Heavy Electricals Coal India Gas Authority of India Indian Oil Corporation National Thermal Power Corporation Oil and Natural Gas Corporation Steel Authority of India Bharat Petroleum Corporation Navratna Bharat Electronics Container Corporation of India Engineers India Hindustan Aeronautics Hindustan Petroleum Corporation Mahanagar Telephone Nigam National Aluminium Company National Buildings Construction Corporation National Mineral Development Corporation NLC India Limited Oil India Power Finance Corporation Power Grid Corporation of India Rashtriya Ispat Nigam Rural Electrification Corporation Shipping Corporation of India Miniratna - I Airports Authority of India Antrix Corporation Balmer Lawrie Bharat Coking Coal Bharat Dynamics Bharat Earth Movers Bharat Sanchar Nigam Bridge & Roof Company ( India ) Central Warehousing Corporation Central Coalfields Chennai Petroleum Corporation Cochin Shipyard Dredging Corporation of India Kamarajar Port Garden Reach Shipbuilders and Engineers Goa Shipyard Hindustan Copper HLL Lifecare Hindustan Newsprint Hindustan Paper Corporation Housing and Urban Development Corporation Indian Rare Earths Indian Railway Catering and Tourism Corporation Indian Renewable Energy Development Agency India Trade Promotion Organisation Ircon International India Tourism Development Corporation Kudremukh Iron Ore Company Mazagon Dock Limited Mahanadi Coalfields Mangalore Refinery and Petrochemical Mishra Dhatu Nigam Metals and Minerals Trading Corporation of India MOIL MSTC National Fertilizers National Seeds Corporation Nathpa Jhakri Dam National Hydroelectric Power Corporation Northern Coalfields North Eastern Electric Power Corporation Numaligarh Refinery ONGC Videsh Limited Pawan Hans Projects and Development India Rail Vikas Nigam RailTel Corporation of India Rail Vikas Nigam Limited Rashtriya Chemicals & Fertilizers RITES SJVN Limited Security Printing and Minting Corporation of India South Eastern Coalfields State Trading Corporation of India Telecommunications Consultants India THDC India WAPCOS Limited Western Coalfields Educational Consultants India HSCC ( India ) National Small Industries Corporation Miniratna - II Bharat Pumps & Compressors Broadcast Engineering Consultants India Central Mine Planning and Design Institute Central Railside Warehouse Company Engineering Projects ( India ) Limited FCI Aravali Gypsum and Minerals ( India ) Ferro Scrap Nigam HMT ( International ) Indian Medicines and Pharmaceuticals Corporation MECON Mineral Exploration Corporation National Film Development Corporation of India PEC Limited Rajasthan Electronics and Instruments Artificial Limbs Manufacturing Corporation of India Information updated as of 30 October, 2017 by Ministry of Heavy Industries and Public Enterprises ( India ) See also Public sector banks in India Retrieved from `` https://en.wikipedia.org/w/index.php?title=Security_Printing_%26_Minting_Corporation_of_India_Limited&oldid=819279121 '' Categories : Government - owned companies of India Public sector in India Banknote printing companies Companies established in 2006 Talk Contents About Wikipedia Add links This page was last edited on 8 January 2018, at 13 : 43. 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Question: where is india's modernised currency notes press situated
Answer: Nashik, Maharashtra