Bank Note Press, Dewas an industrial unit of Government of India, Ministry of finance, Department of Economic Affairs, was conceived in the year 1969 and established in 1974. It is situated near the famous Chamundashwari Hillock in the small town of Dewas, in the Malwa region of Madhya Pradesh , spreading over an area of 185 Hectares.

It was the only unit to adopt the new technology of “Intaglio printing in the South Asian Region” and in a very short time, could become a dominant player in the arena of printing high denomination notes with higher security features for the last 30 years. RBI engages Bank Note Press in the sovereign function of printing and meeting the ever-increasing demand of higher denomination bank notes. It was establish with the objective of producing world class, high quality, new family bank notes to impede forgery by in coporating the then latest modern techniques like, the intaglio printing, the dry offset printing with security features such as continuous bleed of tints, interlock designs, see-through designs, use of fluorescent inks etc.

The design of Bank Note Press and machinery and technology for establishing the unit were obtained by entering into a contract with one M/s De La Rue Giori and Koeing & Bauer, now known as KBA Giori S.A., Switzerland, pioneers in the manufactures of security machines and allied equipment’s . The production was established in the year 1974 and first consignment of new family of notes was remitted to Reserve Bank of India in March 1975. Bank Note Press has been equipped with all the facilities for printing and processing of bank notes of high quality and has various wings to control various activities like printing, quality control, engineering, examination group, auxiliary and administrative group.

Security inks required for the printing of Bank Notes are manufactured in the Ink Factory unit established in the press premises along with the main factory in the year 1973. Ink Factory unit also meets the requirement of other units under SPMCIL.