<P> SPMCIL comprises four presses : Currency Note Press ( CNP ) Nashik , Bank Note Press ( BNP ) Dewas , India Security Press Nashik , and Security Printing Press Hyderabad . CNP was established in 1928 as the first printing press for bank notes in India . Both CNP , located in Nashik , Maharashtra , and BNP , located in Dewas , Madhya Pradesh , print the Indian currency notes . They are currently responsible for the printing of the new 500 rupee notes following the demonetisation of the old 500 rupee and 1000 rupee note . Currency is also printed by the two presses of Bharatiya Reserve Bank Note Mudran Private Limited , a wholly owned subsidiary of Reserve Bank of India . They are currently responsible for the printing of the new 2000 rupee notes , and speculations suggest that the printing of the 500 rupee notes will also shift to these presses for better speed and fewer errors . BNP also has an ink factory that produces ink for security printing . India Security Press , located in Nashik , and Security Printing Press , located in Hyderabad , produce travel documents , postage stamps , and other government - related documents . </P>
<P> SPMCIL comprises four presses : Currency Note Press ( CNP ) Nashik , Bank Note Press ( BNP ) Dewas , India Security Press Nashik , and Security Printing Press Hyderabad . CNP was established in 1928 as the first printing press for bank notes in India . Both CNP , located in Nashik , Maharashtra , and BNP , located in Dewas , Madhya Pradesh , print the Indian currency notes . They are currently responsible for the printing of the new 500 rupee notes following the demonetisation of the old 500 rupee and 1000 rupee note . Currency is also printed by the two presses of Bharatiya Reserve Bank Note Mudran Private Limited , a wholly owned subsidiary of Reserve Bank of India . They are currently responsible for the printing of the new 2000 rupee notes , and speculations suggest that the printing of the 500 rupee notes will also shift to these presses for better speed and fewer errors . BNP also has an ink factory that produces ink for security printing . India Security Press , located in Nashik , and Security Printing Press , located in Hyderabad , produce travel documents , postage stamps , and other government - related documents . </P>
where is india 's modernised currency notes press situated
where is india 's modernised currency notes press situated
Nashik , Maharashtra Dewas , Madhya Pradesh
Nashik , Maharashtra Dewas , Madhya Pradesh