India's intention to become self-sufficient in banknote paper within the next few years is not breaking news, and the ceremony last month to lay the foundation stone for the new banknote paper machine in Hoshangabad is simply another step in its much-publicised plans. But the images of this ceremony, attended by the Minister of Finance, serve as a stark visual reminder that the most radical changes to date in demand for commercial banknote paper are now imminent.