Categories: Banking

RBI Governor dedicates Varnika Ink Manufacturing Unit of BRBNMPL

Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL) has set up an Ink Manufacturing Unit named “Varnika” at Mysuru, Karnataka, with an annual ink manufacturing capacity of 1,500 MT to enhance the security of banknotes. Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL) a wholly-owned subsidiary of RBI. Shaktikanta Das (Governor of RBI) has dedicated “Varnika”, the Ink Manufacturing Unit of Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL) to the nation.

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Key points:

  • It is a boost to the ‘Make in India’ initiative. It ensures that the entire requirement of banknote printing inks is produced in-house.
  • This unit also manufactures Colour Shift Intaglio Ink (CSII) and meets the entire requirements of banknote printing presses in India, which has resulted in cost efficiency and self-sufficiency in banknote ink production.

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RBI Governor Shaktikanta Das inaugurated RBIH in Bengaluru_80.1RBI Governor Shaktikanta Das inaugurated RBIH in Bengaluru_80.1

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Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

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