India approves ₹10 and ₹20 polymer-note field trials.
$RELIANCE — relevant due to its polymers business. Government approved one billion polymer notes each of ₹10 and ₹20 for field trials. They will coexist with paper notes; procurement is at an early stage. Investors can assess policy-led demand, procurement visibility and implications for polymer-related businesses. Two billion notes proposed in total. Policy approval is not the same as confirmed commercial revenue; execution and procurement remain key variables.
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