Demonetization - blogspot 500-100 notes | Page 10

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 .