India has invited bids for polymer substrate sheets with embedded security features that can be used to print Indian banknotes. The tender signals active preparation to source non paper banknote inputs at scale.
2:35 AMBloomberg Markets1 story from 1 source
Saturday, July 18, 2026
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2:35 AMBloomberg Markets
RBI Currency Printer Seeks Bids for Polymer Banknote Material
Summary
India has invited bids for polymer substrate sheets with embedded security features that can be used to print Indian banknotes. The tender signals active preparation to source non paper banknote inputs at scale.
Why it matters
A polymer shift changes the economics and security of cash, creating near term demand for specialized materials and equipment while improving durability and anti counterfeit performance over time.
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