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Mysore Paints and Varnish Ltd, a government of Karnataka undertaking, is the only authorised manufacturer of indelible ink for the EC. Managing Director, Mysore Paints, Chandrashekhar Doddamani told PTI that the company has received an order for 26 lakh phials of 10cc each from the EC.
“The expected turnover is approximately Rs 33 crore,” he said.
The order, Doddamani said, is higher than the last general elections by 4.5 lakh phials. Mysore Paints also exports indelible ink to more than 30 countries across the globe. In 1962, the Election Commission, in collaboration with the Law Ministry, National Physical Laboratory and National Research Development Corporation, had made an agreement with Mysore Paints for supply of indelible ink for Lok Sabha and assembly elections. Since then, it has been supplying the ink for elections in India.
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Grappling with unending queues and frayed tempers in banks and to check operation of syndicates after the note ban, the government had introduced the system of marking customers exchanging defunct currency notes with indelible ink.