Profile
Profile

India Government Mint, Noida (‘IGM Noida’), a unit of SPMCIL is involved in the minting of coins for the purpose of circulation. IGM Noida is the only Mint established in the post-independence era. The mint started regular production from 1988 with an estimated annual production capacity of 2,000 million pieces of coins. It was the first mint in the country to produce stainless steel coins.

The mint produced more than 3,922 million pieces of circulating coins in FY 2016-17 and is one of the most profitable mints of SPMCIL. The mint does not have a blanking press. The blanks are procured from sister mints and stamping process is carried out in the mint. It manufactures circulating coins of denominations Rs 1, Rs 2, Rs 5 and Rs 10 for Reserve Bank of India.

The Mint is located in Noida, Gautam Buddha Nagar in the State of Uttar Pradesh, bordering Delhi, possessing a total 14.09 acres.