Assistant General Manager - Material Management

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About Company

Mumbai Mint is one of the oldest mints of India. The history of the Mumbai mint dates back to the last quarter of the seventeenth century. The first mint at Mumbai was set up by Governor Aungier for coinage of rupees, pies and bajruks. The first Mumbai Mint rupee was coined in the year 1672. These coins were minted in the Mumbai castle, now INS Angre near Town Hall.Present Mumbai mint was constructed between the years 1824 and 1830 by Capt. John Hawkins of Bombay Engineers. Mr. James Farish was appointed as the master of mint from January 1830. For many years, 1.5 lakh coins were produced daily on three steam engines.Mumbai mint was, then, under the administrative control of Government of Bombay. In 1876, Mumbai mint was transferred to the Government of India. A new branch of the Royal Mint of London was opened here during the year 1918-1919 with the objectives of coining the British sovereigns in India. After coining nearly 13 lakh sovereigns, this branch was closed in April 1919.In 1919, Gold refinery was started in Mumbai Mint. It employed chlorine process for gold refining and refined raw gold from South Africa and Indian mines. Silver refinery was started in 1929 with an installed annual capacity of 80 million ounces of silver.In 1964, Mint started producing commemorative coins. The first commemorative coin was in the memory of Pandit Jawaharlal Nehru. Post 1958, Mumbai Mint started supplying Reference, Secondary and Working Standards sets after checking against accurate standards authenticated, calibrated and approved by NPL, New Delhi.