On Monday, August 28, technology solutions company CIPL (Corporate Infotech Pvt. Limited) announced the signing of a significant agreement called ‘PRAGAMAN’ valued at INR 137 crore with SPMCIL (Security Printing and Minting Corporation of India Limited), a government-owned banknote and security paper manufacturer for setting up two data centers.
The data centers which include “primary and disaster recovery” will be set up at Noida and Hyderabad.
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The project involves upgrading and migrating SPMCIL’s current setup to the latest technology, aiming to achieve improved throughput in terms of speed, accuracy, and efficiency.
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