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Date: 2026-03-12 Category: Press Release State: Union Government Country: India

India Security Press, Nashik celebrates 100 Years of Excellence in Security Printing

Issued by Ministry of Finance · Not Applicable

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**Executive Summary** India Security Press, Nashik celebrated its 100th anniversary on March 7, 2026. The centenary event, organized by the Ministry of Finance, was attended by distinguished dignitaries and marked by several significant inaugurations and releases, including a commemorative postage stamp and a coffee table book on India's passport story. **Key Points / Main Content** * **Centenary Celebration:** India Security Press (ISP), Nashik, celebrated 100 years of excellence in security printing on March 7, 2026. * **Distinguished Attendees:** The celebrations were graced by dignitaries including Anuradha Thakur, Secretary (Economic Affairs), Ministry of Finance, and Vijay Ranjan Singh, Chairman and Managing Director of SPMCIL. * **Inaugurations:** The event commenced with the inauguration of the Shatabdi Dwar and Shatabdi Udyaan by the Secretary (Economic Affairs), Ministry of Finance. * **Commemorative Releases:** * A Commemorative Postage Stamp to mark the centenary of India Security Press was released by Anuradha Thakur. * A coffee table book titled "The Sovereign Seal: India's Passport Story" was released by the Secretary (Economic Affairs). * **e-Passport Project:** Infrastructure for the e-Passport project was dedicated to the nation by the Secretary (Economic Affairs), Ministry of Finance. * **ISP's Role:** ISP plays a vital role in nation-building through critical security printing functions and the production of over 300 high-security products, including passports. * **SPMCIL's Contribution:** India Security Press and Currency Note Press together contribute nearly 51% of the total profit of SPMCIL. * **Modernisation Impact:** Modernisation has significantly enhanced productivity and profitability, despite a reduction in manpower from approximately 5,000 employees in 2004 to about 1,050 in 2026. * **Historical Context:** ISP was established in the pre-Independence era, played a crucial role in strengthening India's security printing ecosystem, and became a unit of SPMCIL in 2006. **Impact Analysis** **Stakeholders:** * **Ministry of Finance** * **Impact:** As the parent ministry, it oversees and celebrates the achievements of its affiliated security printing entities. The document highlights the Ministry's engagement through the presence of its Secretary and the dedication of key projects. * **Action Required:** None explicitly mentioned, beyond continued oversight and support. * **India Security Press (ISP) and its Workforce** * **Impact:** The centenary marks a significant milestone, recognizing their legacy and contribution to national security and sovereignty. The workforce's commitment to modernization and excellence is acknowledged. * **Action Required:** Continue striving for excellence and uphold the prestige and legacy of India Security Press. * **Security Printing and Minting Corporation of India Limited (SPMCIL)** * **Impact:** The performance of its units, ISP and Currency Note Press, contributes significantly to the corporation's overall profit (51%). The successful corporatisation model is highlighted. * **Action Required:** Continue to leverage the contributions of its units to enhance overall profitability and national security printing capabilities. * **Indian Citizens** * **Impact:** ISP's products, such as banknotes, passports, and postage stamps, directly impact the lives of every Indian citizen. The dedication of the e-Passport project signifies a step towards enhanced digital security and citizen services. * **Action Required:** No direct action required, but will benefit from the secure and advanced security printing products and services.

Key Entities Referenced

India Security Press: The primary institution celebrating its 100th anniversary, a key player in security printing in India. Ministry of Finance: The government ministry overseeing the India Security Press and involved in its historical operations and current projects like e-Passports. Security Printing and Minting Corporation of India Limited (SPMCIL): The parent corporatized entity under which the India Security Press operates. Anuradha Thakur: Secretary (Economic Affairs), Ministry of Finance, who played a prominent role in the centenary celebrations, including releasing a commemorative stamp and a book. Nashik: The location of the India Security Press and a central point for the events described.
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Ministry of Finance India Security Press, Nashik celebrates 100 Years of Excellence in Security Printing Posted On: 12 MAR 2026 6:40PM by PIB Mumbai : Nashik/ Mumbai, 12th March 2026 India Security Press celebrated the completion of 100 years of its establishment on 7 March 2026. The centenary celebrations were graced by distinguished dignitaries including Anuradha Thakur, Secretary (Economic Affairs), Ministry of Finance; Aparna Bhatia; Vijay Ranjan Singh; Suchita Anant Joshi, Department of Posts, Ministry of Communications; and Devendra Kumar Rath. The event was organised under the guidance of Rajesh Bansal, Chief General Manager, India Security Press.The programme commenced with the inauguration of the Shatabdi Dwar and Shatabdi Udyaan by the Secretary (Economic Affairs), Ministry of Finance, marking the beginning of the centenary celebrations.Addressing the gathering, Secretary (Economic Affairs) Anuradha Thakur released a Commemorative Postage Stamp to mark the centenary of India Security Press. She highlighted that ISP plays a vital role in nation-building by performing critical and sovereign functions related to security printing. She also noted that SPMCIL has emerged as a successful example of corporatisation within the government sector. Referring to the vision of the Hon’ble Prime Minister Narendra Modi, she remarked that ISP continues to strive towards the vision of “Sacred Confluence (सेवा संकल्प)”. The Chairman and Managing Director of SPMCIL, Vijay Ranjan Singh, appreciated the significant contributions of the two Nashik-based units — India Security Press and Currency Note Press. He noted that together these units contribute nearly 51% of the total profit of the corporation. Expressing pride in leading the organisation, he observed that products such as banknotes, passports and postage stamps produced by the organisation touch the lives of every Indian citizen. The event also highlighted the rich legacy and continuing relevance of India Security Press in safeguarding India’s fiscal and national sovereignty. With a portfolio of over 300 security products, the Press plays a vital role in producing high-security documents. Among its most distinguished products is the Indian Passport, often regarded as the first interface between an Indian citizen and the global community. To commemorate the significance of this iconic document, a coffee table book titled “The Sovereign Seal: India’s Passport Story” was released by the Secretary (Economic Affairs). On the occasion, the infrastructure for the e-Passport project was also dedicated to the nation by the Secretary (Economic Affairs), Ministry of Finance.In his welcome address, Rajesh Bansal, Chief General Manager of India Security Press, outlined the remarkable journey of the institution over the past century and highlighted key milestones achieved during this period. Concluding his remarks with a quote from A. P. J. Abdul Kalam — “Excellence is a continuous process and not an accident” — he emphasised that the Press will continue striving towards excellence in its future endeavours. Speaking on behalf of the workforce , President of ISP Mazdoor Sangh, Jagdish Godse highlighted the spirit of cooperation between workers and management. He noted that the union has supported the modernisation of the Press, even though it resulted in a reduction in manpower from around 5,000 employees in 2004 to about 1,050 in 2026. The modernisation process, he said, has significantly enhanced productivity and contributed to the organisation’s overall profitability. He reaffirmed the commitment of the workforce to uphold the prestige and legacy of India Security Press. The sacred city of Nashik, known for its rich religious and spiritual heritage, is also home to an institution of national importance — India Security Press. Established in the pre-Independence era, India Security Press (ISP) has played a crucial role in strengthening India’s security printing ecosystem. After Independence, the Press functioned as an independent department under the Ministry of Finance. In 2006, it became a unit of Security Printing and Minting Corporation of India Limited, a corporatised Central Public Sector Enterprise under the Department of Economic Affairs, Ministry of Finance, Government of India. The centenary celebration reaffirmed the historic legacy and enduring contribution of India Security Press to the nation’s security printing infrastructure. PIB Mumbai | Edgar Coelho/ Priti Malandkar Follow us on social media: @PIBMumbai /PIBMumbai /pibmumbai pibmumbai[at]gmail[dot]com /PIBMu mbai /pibmumbai (Release ID: 2239104) Visitor Counter : 21 Read this release in: Marathi

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