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Polymer Note Pilot Project

Sector: Government • Location: India

Source: OpIndia

Project
Planned

The project involves the procurement of opacified polymer substrate sheets suitable for printing Indian banknotes as part of a pilot run with ₹10 and ₹20 denomination banknotes. This is a preliminary step towards exploring the use of polymer-based banknotes in India, which are more durable and less prone to soiling compared to traditional paper notes. The printing of banknotes will continue to be

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Project Information

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The project “Polymer Note Pilot Project” is an infrastructure initiative in the Government sector, located in India. Taiyo aggregates data on it from OpIndia.

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Participants

Sponsoring Agency

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Company

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Status

Original status

planned

Taiyo status

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Taiyo last update

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Available timestamps

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Contact

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Phone

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Email

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Address

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Description

Description

The project involves the procurement of opacified polymer substrate sheets suitable for printing Indian banknotes as part of a pilot run with ₹10 and ₹20 denomination banknotes. This is a preliminary step towards exploring the use of polymer-based banknotes in India, which are more durable and less prone to soiling compared to traditional paper notes. The printing of banknotes will continue to be carried out at existing government-controlled presses under the Reserve Bank of India.

Original sub-sector

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Original Currency

USD

Original budget

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Procurement method

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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