Behind the Scenes: Discover the Fascinating Process of How Indian Currency Notes are Printed and the Secrets of How Many and Where They are Made
Currency notes in India are printed by RBI in four cities and in multiple languages and denominations. Features on the notes protect against counterfeiting.
How Indian Currency Notes are Printed | How Many | Where
India's currency, the Indian Rupee (INR or ₹), is a legal tender accepted across the country in the form of coins and notes. The Reserve Bank of India (RBI) is responsible for issuing and regulating Indian currency to maintain its stability and prevent inflation.
To ensure that the Indian currency maintains its integrity, the RBI follows strict protocols in designing and printing notes and coins. The printing process is carried out by the Security Printing and Minting Corporation of India Limited (SPMCIL) under stringent security measures to prevent counterfeiting and fraud.
The RBI keeps a close eye on the market trends and changes the monetary policies and norms accordingly to maintain the value of the Indian currency. By regulating the manufacturing firms, the RBI ensures that the notes and coins are printed as per the guidelines and standards set by the central bank.
The value of Indian currency remains stable due to the RBI's efforts, and inflation is kept under control. This ensures that Indian currency remains a reliable medium of exchange, not just within India, but also for international travelers who can use Indian currencies for legal traveler's cheques.
Now let us understand how currency is printed in India.
How is currency made in India?
The Indian Rupee has a rich history that dates back to the 16th century during the rule of Sher Shah Suri, who first coined the term "Rupee" to refer to the Indian currency. Since then, the Indian Rupee has undergone several transformations, and today it stands as a symbol of India's economic growth and prosperity.
The Reserve Bank of India is responsible for printing Indian currency notes, while the Government of India oversees the minting of coins. The Indian currency notes have come a long way since the first watermarked note was printed in 1861. Today, Indian currency notes are designed with intricate security features to prevent counterfeiting and fraud.
I am Keshav, a tech and auto enthusiast. I write blogs about the latest developments and trends in these two industries. I am passionate about staying up to date with the latest news and I enjoy sharing my knowledge with others. My goal is to provide helpful advice and resources to people interested in tech and auto.
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Where are coins minted in India?
What mark shows where the coin is minted?
every coin minted in India has a unique mark on it that indicates which mint it belongs to? For example, the symbol of a broken diamond below the date printed on a coin indicates that it was minted in Hyderabad. The coins minted in Noida have a small and solid dot below the year of printing, which was first introduced on a 50 paise coin and started being used on other coins in 1986. In addition to these, there are also mints in Mumbai and Kolkata.
How many notes are printed in India every year?
Did you know that India prints around 2,000 crore currency notes every year? However, 40% of the cost of producing these notes goes towards importing paper and ink. Countries like Germany, Japan, and Britain are major sources of this imported paper.
How is the serial number of notes given?
every financial year, the Reserve Bank of India estimates the number of notes to be printed, supplied, and exchanged? To carry out this task, the Reserve Bank has four printing presses. Notes of any denomination are printed in numbers up to one crore, after which letters of the English alphabet are added in front of that number. These letters are chosen randomly and are repeated after several years.
What happens to mutilated notes?
Traditionally, these notes were burnt, but the Reserve Bank of India has now imported a machine worth Rs 9 crore to protect the environment. This machine cuts the old notes into small pieces, which are then melted and made into bricks that can be used for various purposes. So, next time you see a brick, it might be made from old Indian currency notes!
Where are notes printed in India?
The production of Indian currency notes and coins is a massive undertaking, and it requires the collaboration of several entities across the country. India has four banknote presses, four mints, and a paper mill that are responsible for printing, minting, and producing Indian currency notes and coins. The banknote presses are strategically located across the country in Dewas (Madhya Pradesh), Nashik (Maharashtra), Salboni (West Bengal), and Mysore (Karnataka). Each of these presses has its own unique capabilities, and they work in tandem to ensure a steady supply of notes to meet the country's demand. The Dewas note press is one of the busiest, producing around 265 crore notes per year, including denominations of Rs 20, 50, 100, and 500. What's fascinating is that the ink used in the notes is also produced in Dewas itself, highlighting the self-sufficiency and attention to detail of the Indian currency production process. India's currency production capabilities are a testament to the country's technological advancement and economic growth. The efficient collaboration between the banknote presses, mints, and paper mill ensures that the Indian currency remains a reliable medium of exchange and a symbol of India's progress.
Did you know that the paper used to print Indian currency notes is produced by only four companies in the world? These companies are highly specialized and must adhere to strict quality control standards to ensure that the paper meets the RBI's specifications.
Arjo Vigis of France
Sweden's Gain and
Paper Fabrics Lucent.
What are currency notes made of?
The process of creating Indian currency notes is a fascinating blend of cutting-edge technology and age-old traditions. The Reserve Bank of India uses a unique combination of cotton paper and special ink to produce the notes, which are renowned for their durability and security features.
To produce the paper, the Currency Note Press (CNP) in Maharashtra and the Hoshangabad Paper Mill in Madhya Pradesh work tirelessly to ensure a steady supply. While some paper is imported, the majority is produced domestically to maintain self-sufficiency and ensure a reliable supply chain.
The ink used in the printing of the notes is also produced domestically, with the offset ink being manufactured at the Dewas banknote press in Madhya Pradesh. The embossed print, which is a hallmark of Indian currency notes, is made at SICPA (Société Industrielle et Commerciale de Produits Alimentaires), a unit of the Swiss firm based in Sikkim.
How are notes printed?
The production process of Indian currency notes is a complex and intricate one, involving state-of-the-art machinery and expert craftsmanship. Once the paper sheets are received from abroad or Hoshangabad, they are fed into a specialized machine called the Simonton, which prepares the sheets for printing.
The actual printing of the notes is done using another machine called the Intaglio, which applies the ink to the sheets and creates the intricate designs and patterns seen on the notes. After the printing process is complete, the notes undergo a rigorous sorting process, where any defective notes are removed.
One of the most striking features of Indian currency notes is the bright pink color used to print the note number. Additionally, the notes are embedded with shiny fibers that glow under ultraviolet light, making them even more difficult to counterfeit.
The paper used to print Indian currency notes is a unique blend of cotton and cotton fibers mixed with watermarked paper. In fact, the first watermarked note in India was printed way back in 1861, highlighting the country's long and rich history of producing high-quality currency notes