The currency printed at these four presses is distributed across the country through 20 of the Reserve Bank’s regional offices and over 4200 currency chests located in commercial banks across the country. We are self-sufficient in printing capacity but we still import the paper required for printing currency.
To remedy this, we are setting up a state of the art banknote paper mill in Mysore with a capacity 12000 MT per year which should cut our import demand by more than half. By far the most important facet of currency management is building in security features to prevent counterfeiting.