[1] Its main activity is the production of commemorative and development-oriented coins.
The mint is opposite the Reserve Bank of India in the Fort area of South Mumbai.
In 1918, a branch of the Royal Mint of London was set up to issue British sovereigns.
Besides coins, the mint produces medals for Ministry of Defence, Ministry of Home Affairs, educational institutions, social service institutions, badges etc.
The institution has a department that makes official weights and measures such as metric weights, capacity, and linear measures for state governments, laboratories and the Bureau of Indian Standards.