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India Government Mint,
Hyderabad, a unit of Security Printing And Minting Corporation Of India
Limited (Wholly owned by Government of India) is one of the four Mints to
discharge the sovereign function of Government of India in manufacturing
of coins and supply to Reserve Bank of India for the purpose of
circulation. It is presently situated at IDA Phase-II, Cherlapally, 20 km
from Secunderabad railway station, and 48 km from the Hyderabad
airport.
Consequent on the Federal Financial Integration in 1950,
the erstwhile Nizam’s Mint at Hyderabad was taken over by the Government
of India. The history of the Nizam’s Mint can be traced back to 1803, when
the official Mint was established under Nawab Sikinder Jah, the third
Nizam. Later on the Mint was constructed on 13th July 1903 at Saifabad and
the present Mint at Cherlapally was started on 20th, August1997 with
modern machinery to produce 700 Million pieces of coins and 950 Million
pieces of blanks to meet the growing demand.
This Unit has been
engaged since then in the manufacture of coins of different denominations
which involves different processes such as melting, rolling, blanking,
annealing, pickling & polishing and stamping etc. While successfully
discharging it’s sovereign function, the Mint is presently manufacturing
coins in Rs.5/-, Rs.2/-, Re.1/- and 50 paise and efforts are on to mint
Rs.10/- which is a Bi-Metallic Coin going to be circulated in India. For
this trails are in progress. The machinery for such sophisticated and
security processing supplied by the World leaders like M/s Schuler,
Germany (Coining Presses and Blanking Lines), M/s BAK, and Germany
(Annealing Furnaces), M/s Mecon. India (Rolling Mill), M/s Mino, Italy
(Strip Milling M/c), M/s Wertly, Switzerland (Continuous casting
furnace).
The campus is spread over an area of 80 acres of land.
Apart from the high security-minting complex, it has residential complex
for essential staff (nearly 100 quarters) with well-supported
infrastructure. The factory and colony is nearly self-dependant for all
its basic needs.
The Mint is one of the prestigious organizations
in twin cities of Hyderabad and Secunderabad. This gigantic task was
successfully completed under the supervision of the Central Public Works
Department and the consultancy from MECON. Central Industrial Security
Force is providing the security to the plant.
The unit has a battery of
experienced, skilled and trained manpower totaling around 800 in
production, control and maintenance areas to effectively and efficiently
discharge the responsibilities assigned by the Government. A large number
of the personnel had received requisite training at the time of starting
of the mint and constantly the skills of the employees are updated by
providing suitable training whenever the new machinery is added to the
unit. This unit can boast of having a dedicated team of officers, staff
and workmen who brought laurels to the organization by standing ahead of
all the Mints in fulfilling the targets set for the Mint.
During
its past 100 eventful years (centenary) of its existence, Mint has crossed
many milestones and has earned the reputation as a reliable and potential
Mint in meeting the requirement and demand of Reserve Bank of India all
the time.
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