The Free Press Journal

Finance minister asks SPMCIL to expand export footprint

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NEW DELHI: Finance Minister Piyush Goyal on Sunday asked state-owned Security Printing & Minting Corporatio­n of India (SPMCIL) to tap its full potential and expand export footprint so that profit can grow exponentia­lly. "I am told that the company has already initiated talks with some countries for minting of coins and you have potential to export to African countries and European nations," he said at the 13th foundation day event of SPMCIL here. The company should have huge outreach programme and try to get big orders in the area of minting of coins, printing of currency notes and postal stamp etc, he said, adding it should dream big and think of achieving profit of Rs 6,000 crore.

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