- Profile
- History
- Mission & Vision
- Organization Structure
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Board of Directors
Profile
Welcome to the Security Printing and Minting Corporation of India Limited (SPMCIL), a wholly owned Schedule ‘A’ Miniratna Category-I company of Government of India, incorporated on 13th January, 2006. SPMCIL, technically a new entity, has centuries-old experience in Security Printing and Minting. The management, control, maintenance and operations of the erstwhile 9 production units under Currency and Coinage division, Department of Economic Affairs, Ministry of Finance, Government of India, was transferred to SPMCIL w.e.f. February 10, 2006. The Ministry of Finance exercises its administrative control over SPMCIL through Board of Directors.
SPMCIL is engaged in the manufacture/ production of Currency and Bank Notes, Security Paper, Non-Judicial Stamp Papers, Postal Stamps & Stationery, Travel Documents viz. Passport and Visa, Security certificates, Cheques, Bonds, Warrant, Special Certificates with security features, Security Inks, Circulation & Commemorative Coins, Medallions, Refining of Gold & Silver, and Assay of Precious Metals.
Trust is the Key…
Innovative & novel customized quality products produced under highly secure state-of-the-art production facility and customer satisfaction are hallmarks of SPMCIL. SPMCIL units have built credibility in the elite market of security printing for almost 100 years. In the field of Minting, SPMCIL units have been operating for the last two centuries. Dedicated workforce of 5,877 ( as on 30.06.2023 ) odd employees in nine units, located in different parts of India, make SPMCIL a world-class organization.
The basis of our Innovative Strength
SPMCIL consistently endeavor to produce innovative and value added products. We have access to R&D facilities of relevant Government of India Institutions. Ultra-Modern Laboratory, Quality control system operate ceaselessly to improve efficiency and quality. Responding quickly to various needs of customers in our key strength and our units offer every possible flexibility to them.
Taking the legacy forward…
The nine production units comprise four India Government Mints, two Currency Note Presses, two Security Printing Presses and one Security Paper Mill.
History
SPMCIL though a new entity is composed of units that have a rich & long history of handling the security printing & minting in the nation.
Vision
- Developing state-of-art currency, coins and diversified security products in a transparent, cost-effective and efficient manner by leveraging core competency and building design capabilities.
- Constantly focusing on benchmarking, process automation, applied R & D, indigenization and the triple bottom line people, planet and profit.
- Ensuring Employees, Customers and Stakeholders delight.
Organization Structure
Mr. Ashish Vachhani
Additional Secretary (Budget)
Department of Economic Affairs, Ministry of Finance
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Dr. K.J. Srinivasa
Joint Secretary (PSP) & Chief Passport Officer,
Ministry of External Affairs
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