Security Printing and Minting Corporation of India Ltd. (SPMCIL), a Miniratna Category-I CPSE, and wholly owned Schedule ‘A’ Company of Government of India, entered into a Memorandum of Understanding (MOU) here with Central Pulp & Paper Research Institute (CPPRI), a national level institute under the administrative control of Department of Industrial Policy & Promotion, Ministry of Industry, Government of India.

This MOU affirms commitment of SPMCIL and CPPRI for undertaking Research and Development Activities and dissemination of knowledge and research training in area of pulp and currency paper.

This collaboration shall lay fruitful foundation for SPMCIL to foray into basic Research and Development in area of bank note paper testing; continuous process improvement for paper manufacturing process and search for new raw materials for bank note paper substrate.

This MoU will facilitate cooperative initiatives in the area of basic research to increase awareness and information sharing amongst key stakeholders through joint research; workshops and seminars; and regional and international forums.

The ceremony was organized in the presence of Shri M.S. Rana, Chairman & Managing Director, SPMCIL and Sh. P.N. Radkar, Director (Technical), SPMCIL.

The MoU was signed by Shri Rakesh Kumar, Additional General Manager (Technical Operations), Shri Sanjai Maheshwari, Additional General Manager (Finance) from SPMCIL and Shri R.K. Jain, Scientist-F & Head, Shri Suresh Panwar, Scientist-F & Head from CPPRI. Other attendees included Shri Siddharth Kumar Singh, Shri Kapil Kumar (from SPMCIL) & Shri Kawaljeet Singh (from CPPRI) among others.

Memorandum of Understanding establishes joint R&D and training cooperation on pulp and currency paper, enabling shared testing and process improvement. A Memorandum of Understanding between SPMCIL and CPPRI creates a cooperative framework for Research and Development Activities and dissemination of knowledge and training in pulp and currency paper, focusing on banknote paper testing, manufacturing process improvement, and exploration of new raw materials through joint research, workshops, seminars and stakeholder information sharing.