The Mumbai Mint was established in 1829 A.D. Initially it was controlled by His Excellency, the Governor of Bombay Presidency. It was then transferred to Government of India by Finance Department Resolution No. 247, Dated: 18.5.1876. In the year 2006, Government of India took a decision to Corporatise all the Mints & Presses. Accordingly a Corporation named Security Printing & Minting Corporation of India Ltd. was formed with all the Nine Units (Mints, Presses & Paper Mills) under Department of Economic Affairs, Ministry of Finance.

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