<h1>Indigenisation of bank note paper enhances domestic production, reduces imports and strengthens currency security features.</h1> Indigenisation of bank note paper is being advanced by a new 6,000 MT paper line at Hoshangabad and a 12,000 MT joint venture mill at Mysore to achieve import substitution and self reliance. The plants incorporate advanced security feature capability, online inspection, international standard testing, and environmentally oriented designs aiming for minimal resource use and zero liquid discharge. Operational effects highlighted include reduced import dependence, lowered diversion risk for counterfeit purposes, projected foreign exchange savings, local sourcing of raw materials except exclusive security features, and employment and economic benefits to the local economy.