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Produce ink for currency notes in Gujarat: Modi

Gujarat Chief Minister Narendra Modi asked the chemical industry in the state to take up the challenge of manufacturing ink used for printing currency notes. - Nirma"s "controversial" cement project gets government nod - State mulls potable water project - Sreelatha Menon: The green necklace">Sreelatha Menon: The green necklace - Kalam to mentor Modi"s ministers in desert camp - T N Ninan: Good to great">T N Ninan: Good to great - Alstom, Bharat Forge to set up Rs 2400 crore facility in Mundra He said at present India imports ink worth about Rs 300 crore annually for currency notes. "Gujarat has a very strong base of chemical industry, which manufactures chemicals and allied products for domestic as well as export markets," he said, adding, "why can not you take up the challenge of producing high grade ink for currency notes so that the country does not have to import the same?" Modi also asked the industry to focus on research and development activities in the chemical sector and make the state a hub for Research and Development (R&D). Besides this, Modi said the chemical industry, which is considered hazardous in nature and increases pollution, should adopt clean technology and practices so that no damage is caused to the environment.


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