MPI
MPi manufacturing facility
About Us
Wheretrust
istangible.

We're in the business of transforming trust and security into real-world infrastructure that global economies depend on today, and the world will rely on tomorrow.

18+ years of engineering excellence.

Take a look inside your wallet: the payment cards you see are issued by your bank, and the government issues your identity card — both delivered to you securely through our certified infrastructure.

We at Manipal Payment and Identity Solutions Limited have built and finessed the ecosystem that enables it all.

THE ORIGIN & EVOLUTION OF MPi

2008
Founded · Manipal Group
15+
Countries Served

Formerly known as MCT Cards & Technology Private Limited, MPi was founded in Manipal, Karnataka as a part of the Manipal Group - a diversified Indian conglomerate with decades of legacy spanning multiple sectors. This prestigious heritage along with our earned credibility, established MPi as one of India's leading payment card manufacturers. Over the years, we grew and evolved into a global technology partner trusted by leading financial institutions and governments in 15+ countries across the United Kingdom, Europe, Asia-Pacific, Africa, North America & South America.

Built To Serve At Scale

Design
Manufacture
Personalise
Deliver

Our capabilities span the full product lifecycle of designing, manufacturing, personalising, and delivering secure payment, identity, and authentication systems for institutions worldwide. Built on one of the world’s most trusted manufacturing bases, our facilities combine advanced technology, secure environments, and a robust supply chain to deliver certified solutions at scale. We continue to invest in pioneering innovation, future-ready infrastructure, and the best talent to meet the evolving needs of a connected world.

Precision card manufacturing at MPi
Precision Manufacturing
Facility · Manipal

Built on one of the world's most trusted manufacturing bases.

Our facilities combine advanced technology, secure environments, and a robust supply chain to deliver certified solutions at scale — take a look inside where it happens.

Schedule a Facility Visit
MPi facility, Manipal
Facility Size
[Sq. ft. pending]
Quality & Security
ISO 9001:2015 · ISO 27001:2022 · PCI DSS Level 1
Environment & Safety
ISO 14001:2015 · ISO 45001:2018
The MPi Timeline

The Journey To Global Scale.

MPi's Manipal manufacturing facility
2008 · Incorporation
Incorporated on February 19, 2008, specialising in payment card manufacturing.
MastercardVisa
2009–10 · Network Certified
Certified by two of the world's leading payment networks.
EMV chip-embedded payment card
2013 · Chip-Card Era
Commenced engineering EMV-compliant, chip-embedded cards.
2014 · Global Exports
Began exporting licence cards outside SAARC.
Instant issuance kiosk
2016 · Instant Issuance
Launched instant issuance kiosks and contactless chip cards.
2017 · RuPay Network
NPCI and RuPay Certified.
Polycarbonate driving licence card
2019 · Identity Documents
Introduced polycarbonate driving licences and registration certificates.
RFID-based FASTag
2020 · RFID & Mobility
Engineered RFID-based tags for tolls and FASTags.
RuPay metal card
2022 · Metal Card IP
Received a metal card manufacturing patent and launched RuPay metal cards.
Sustainable rPVC card
2023 · Sustainability
Introduced sustainable rPVC cards. Received approval for the RuPay DI applet, built in-house.
Aerial view of MPi's expanded facility
2024–25 · Scale & Rebrand
Intergraf ISO 14298:2021 certified. Launched India's first rPVC RuPay card and a premier international subsidiary in Nigeria. Rebranded to Manipal Payment and Identity Solutions Limited, and expanded scope through strategic acquisitions worth ₹4,150M.
2026 · Global Scale
Expanding globally.
Trust & Security

Our Four Pillars of Excellence.

The company principles that underpin every product manufactured by us:

Operational Pillars
01
Secure By Design
Highly protected personalization environments with 24/7 monitoring, and strict dual-control cryptographic encryption keys.
02
Globally Accredited Operations
One of the few companies holding Intergraf ISO 14298:2021 and ISO 27001:2022 certifications for secure printing and information security management, respectively.
03
Recognized By Global Institutions
The trusted and approved vendor for 15+ countries; highly ranked by Nilson Report globally.
04
Continuous Innovation
Advancing secure technologies through patented innovations, sustainable materials, and future-ready solutions.
All certifications are independently audited and renewed annually.Explore Our Trusted Technology Systems
Who We Serve

344+ customers. Across tiers. Across markets.

Trusted by India's leading private banks and central banks worldwide, MPi has built lasting relationships through secure, reliable, and scalable solutions — with an average tenure of 11.4 years across the top 10 marquee clientele.

Source: [Tenure figure source pending confirmation]

344+Manipal, India
PSU Banks
Private Banks
Fintechs & Payment Banks
Global Institutions
Europe
Middle East
Asia Pacific
South Asia
Africa
South America
15+Global Markets
11Client Segments
12+ PSU Banks
SBI
Canara Bank
Indian Bank
Central Bank of India
+8 more· Customer relationships spanning to about 14-15+ years
17+ Private Banks
SBI Card
Federal Bank
HDFC Bank
ICICI Bank
+13 more
60+ Fintechs & Payment Banks
Airtel Payments Bank
Scapia
EBX
Revolut
+56 more· Also services 6 Small Finance Banks and 46 Co-operative Banks
5+ Global Institutions
LOLC Finance
NMB Bank
Global IME Bank
NSB
+1 more· Card manufacturing & personalisation partner for Revolut, a global fintech and neo-bank, present across 30+ countries
Government ProgramsEnd-to-end manufacturing of Passports, Driving Licences, National Identity Cards, FASTags, Excise labels, VVPAT rolls in Elections, and more.

Works with Central and State Governments on an RFP basis, including BMTC and the Governments of Karnataka, Maharashtra, Chhattisgarh, and Kerala, with project tenure ranging from 1 to 10 years. Also serves NBFCs, PPI licence holders, and insurance companies.

Leadership

The Team Driving MPi’s Growth.
Leading with Experience, Building for Tomorrow.

With decades of industrial know-how under their belt, our leadership team’s expertise helps steer and execute MPi’s vision of powering global economies as a trusted technology partner.

Kukkundoor Girish Kini
CEO
Kukkundoor Girish Kini
Executive Director & CEO
27+ yrs industry exp.
With Manipal Group since 1997
Ramanath Pai
CFO
Ramanath Pai
Chief Financial Officer
13+ yrs industry exp.
With Manipal Group since 2012
Jnaneshwara Prabhu
COO
Jnaneshwara Prabhu
Chief Operating Officer
27+ yrs industry exp.
With Manipal Group since 1997
Rajat Shuvra Sen
CGO
Rajat Shuvra Sen
Chief Growth Officer
17+ yrs industry exp.
With Manipal Group since 2012
Arun Bhaskar
CISO
Arun Bhaskar
Chief Information & Security Officer
27+ yrs industry exp.
With Manipal Group since 2008
Srinivas A G
CPO
Srinivas A G
Chief People Officer
22+ yrs industry exp.
With Manipal Group since 2012
Dattatri Manjunatha Hardur
CS
Dattatri Manjunatha Hardur
Company Secretary & Compliance Officer
23+ yrs industry exp.
With Manipal Group since 2024
Mayank Bhotika
HSFT
Mayank Bhotika
Head - Strategic Finance & Treasury
15+ yrs industry exp.
With Manipal Group since 2023