INDIA GOVERNMENT MINT, MUMBAI (a Unit of SPMCIL) : AN INTRODUCTION

India Government Mint, Mumbai (a Unit of Security Printing & Minting Corporation of India Ltd.) is a premier institution renowned for highest quality of manufacturing medals of different alloys.

HISTORY OF THE MINT

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. Thus India Government Mint, Mumbai erstwhile a Government Department under Ministry of Finance is now a part of the above referred Company under Companies Act.

	Medal Struck on opening of the mint in 1829 AD

  A branch of the Royal Mint Of London was opened at this Mint during the year 1918 1919 with the objective of coining the British sovereigns in India. After coining 12.95 Lakh Sovereigns, this branch was closed in April 1919.

  In the post independence era the Mumbai Mint is continuously engaged in the phased replacement of the old and outmoded machinery, efforts are on to modernize and update the technology. Contribution of the Mumbai mint to the Coinage production, Gold refining, etc is immense.

  Besides, it manufactures and supplies the Reference, Secondary and Working Standards of metric weights, capacity, and linear measures for all the States in India.

  There is also a medal section in this Mint which undertakes the production of medals for the Ministry of Defence, Ministry of home affairs, Universities, schools, different temple trust and other public institutions.