The printing facility in Mysuru( of Bhartiya Reserve Bank Note Mudran Private Ltd( BRBNMPL) was set up with De La Rue Giori( now KBA Giori, Switzerland). Now another facility is coming up at Salboni with help from Komori Corporation, Japan. It is important to know that indigenous note mills in India will be able to take care of 70 % of the domestic currency needs.
This is where the Rs 2000 notes will also be printed. In an attempt to participate in“ Make in India”, the erstwhile De La Rue is working with the Indian government to establish the mills here in India.
So De La Rue is keen to contribute to the PM’ s initiative, by bringing investment, expertise, knowledge and best practice to currency production in India. Given the opportunity to partner with India, we hope to create a regional hub for research and development, as well as local manufacturing facilities for the supply of security features for the next generation of India’ s banknotes, passports and identity documents.